WiFi Is Hitting a Wall in Crowded Buildings

Propmodo Technology

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Greetings,

The big story in real estate tech this week is a potential lifeline for algorithmic pricing software, quietly tucked into the newly passed House Republican tax bill. The legislation includes a provision that would place a 10-year moratorium on state and local regulation of artificial intelligence. If enacted, the biggest beneficiary would be RealPage, whose rent optimization software has already been banned in places like San Francisco, Philadelphia, and Colorado.

But, this provision wouldn’t shield RealPage from the mounting legal challenges it faces. The company is still battling a wave of antitrust and consumer protection lawsuits, including a high-profile case from the Justice Department seeking significant restrictions on its software. It also does little to address the broader erosion of trust among landlords, many of whom have already abandoned the platform out of fear of litigation. The outcomes of both the legislative effort and legal proceedings will likely shape the future of algorithmic rent-setting.

In other news, we’re talking about connectivity technology. In 2020, the U.S. government auctioned off new WiFi frequencies to accommodate our growing demand for data. While this was a meaningful step forward, a new study suggests it may not be enough—especially in large, crowded buildings where interference can still slow internet speeds. The government may need to release more spectrum for commercial use, or building operators will have to adopt more sophisticated network strategies to keep up.

Let’s go!

The key to a $1.3T opportunity

A new trend in real estate is making the most expensive properties obtainable. It’s called co-ownership, and it’s revolutionizing the $1.3T vacation home market.

The company leading the trend? Pacaso. Created by the founder of Zillow, Pacaso turns underutilized luxury properties into fully-managed assets and makes them accessible to the broadest possible market.

The result? More than $1b in transactions, 2,000+ happy homeowners, and over $110m in gross profits for Pacaso.

With rapid international growth and 41% gross profit growth last year, Pacaso is ready for what’s next. They even recently reserved the Nasdaq ticker PCSO.

But the real opportunity is now, before public markets. Until 5/29, you can join leading investors like SoftBank and Maveron for just $2.80/share.

Invest in Pacaso today.

_{This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals. Under Regulation A+, a company has the ability to change its share price by up to 20%, without requalifying the offering with the SEC.}

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Propmodo Technology is edited by Franco Faraudo with contributions from readers like you and the Propmodo team.

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