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NYC may require landlords and realtors to disclose the use of AI in listings

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Re: NYC may require landlords and realtors to disclose the use of AI in listings

#281

Post by 9dev »

tstenner wrote: post #280
9dev wrote: post #203

Earlier quoted context omitted.

Right? Germany too. I wouldn’t even have thought this could be a problem…

Until you measure the apartment later and find out that a) it's much smaller and b) it doesn't matter because you rent the apartment as seen, not as advertised.

Well, in Germany at least - if the living space differs drastically, that is at least 10%, you can lower the rent accordingly and make a demand for a refund of the entire rent you overpaid since you moved in - and you probably should also make a second case for damages due to purposeful deception.

A consumer doesn't buy anything from a business "as seen", that is not a thing over here. There are binding rules to protect consumers from malevolent sellers or landlords, and legal obligations you can't subvert by tricking customers into purchasing something different from what was advertised.

Re: NYC may require landlords and realtors to disclose the use of AI in listings

#282

Post by ElProlactin »

estearum wrote: post #257
ElProlactin wrote: post #120

Earlier quoted context omitted.

You're right that the point of regulation isn't to turn a "profit" but the laws of economics always apply. If you have a fine of $100 for a widespread practice that costs $1,000 to collect, the state isn't going to magically allocate resource to applying it. You could create a private right of action for this, but that is its own bag of worms.

> If you have a fine of $100 for a widespread practice that costs $1,000 to collect, the state isn't going to magically allocate resource to applying it. Seems empirically false given e.g. the immense investment we make in counter-drug enforcement.

You're ignoring how much money and power is found in the drug enforcement industrial complex. The point of drug enforcement is not to stop the drug trade.

Re: NYC may require landlords and realtors to disclose the use of AI in listings

#283

Post by therealpygon »

filoleg wrote: post #103
plants wrote: post #5

This is awesome! StreetEasy is how many New Yorkers find apartments. In the past few years, it has been flooded with AI-staged apartments. The AI stagings warp the room to fit furniture that would 100% certainly not fit there. It’s deceptive, and I’m glad it at least requires disclosure now (although I wish it were fully banned)

Not going to lie, I wish they also added a square footage as a legal requirement too. It is entirely baffling to me as to why, but NYC is the only major city in the US I've ever lived in where it is genuinely a problem. In all other cities, I had no issues with that, pretty much every single posting online had square footage. Meanwhile, on StreetEasy (and other platforms listing NYC rental units), looking for apartme…

Wouldn’t it be easier for streeteasy to simply stop allowing 0 sq ft listings/innacurate listings? Maybe allowing people to report listings that are inaccurate and banning repeat offenders? If the market feels that strongly, the pressure on the company would be easy to achieve?

Re: NYC may require landlords and realtors to disclose the use of AI in listings

#284

Post by hdgvhicv »

hjkl0 wrote: post #236
hdgvhicv wrote: post #214

Earlier quoted context omitted.

So a landlord would rather not have income from an expensive deprecating asset?

There are no landlords in NYC anymore, since they all fled when Mamdani was elected.

Excellent. So everyone is an owner occupier.

No housing was lost, same number of people are housed.

Re: NYC may require landlords and realtors to disclose the use of AI in listings

#285

Post by senordevnyc »

Eridrus wrote: post #133
enraged_camel wrote: post #122

Earlier quoted context omitted.

I take it you are a lawyer specializing in NY real estate law, then? Would be interesting to hear a more detailed analysis if so.

I am honestly so surprised that everyone on HN is so naive that they take political statements like this at face value. Politicians routinely say they will do things they do not have the authority to do, and it's often very important to understanding what will actually happen to have some understanding of what authorities are available to them, or at the very least ask Google/LLMs about it.

Actually, studies show that politicians keep their promises, or at least attempt to, more often than not.
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