"RentTech Giants Under Fire for Excessive Data Collection: As Australia's Rental Market Continues to Sizzle, Concerns Grow Over Tenant Vulnerability. Amidst the nation's ongoing housing crisis, a recent investigation by the Australian Privacy Commissioner has revealed alarming practices by online rental platforms, which are collecting an excessive amount of personal information from tenants. Carly Kind, a leading expert, warns that this over-collection of data is not only a breach of privacy but also exacerbates the power imbalance in the competitive rental market. With the rise of RentTech platforms, real estate agents are increasingly relying on these digital tools to streamline the rental application process, but at what cost to tenants' sensitive information?"
2Apply’s over-collection of personal information adds to the power of the real estate industry in the competitive rental market, Carly Kind saysFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAn online rental platform has been urged to stop collecting users’ personal information after the Australian privacy commissioner found the gathering of “excessive” data compounded the vulnerability of tenants amid the housing crisis.RentTech platforms are increasingly used by real estate agents in Australia for people applying for rental properties to submit applications and supporting documentation. The Australian Housing and Urban Research Institute has identified 57 different rent platforms operating in Australia. Continue reading...
