Stealing Home

How Artificial Intelligence Is Hijacking the American Dream

James Nelson

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Hardback

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English

Brc Publishing House
18 May 2020

Economics; Property & real estate; Business ethics; Housing law

Property managers all over the country are using Artificial Intelligence to raise rent prices far beyond the market rate for most Americans. This new system of housing is bringing even stable, middle-class America to the brink of financial vulnerability.

Congress has the power to intervene in the markets and protect American taxpayers. Why haven't they?

In Stealing Home, James M. Nelson explores the dramatic surge in housing costs and the homelessness that's too often the result. Through meticulous research, Nelson unravels the underlying threat that no one else has seen coming-the industry-wide algorithms and shared databases that give a handful of companies a virtual monopoly.

Those who control the AI technology will control the wealth that fuels the industry, not to mention the future of housing.

Stealing Home uncovers how the groups established to regulate American housing and prohibit discrimination are being gutted right under our noses. This is the wake-up call we didn't know we needed, coming from a banking insider who'

By: James Nelson
Imprint: Brc Publishing House
Dimensions: Height: 229mm, Width: 152mm, Spine: 24mm
Weight: 671g
ISBN: 9781734641806
ISBN 10: 1734641800
Pages: 352
Publication Date: 18 May 2020
Audience: General/trade , ELT Advanced
Format: Hardback
Publisher's Status: Active

James Nelson is a commercial banker and real estate broker who spent much of his 40-year career financing Main Street America. He began his career as a federal banking examiner, which led to valuable experience as Acting Chief Credit Officer while working on a project with the FDIC. He is currently a member of both the Nationwide Multistate Licensing System & Registry (NMLS) and the National Association of Realtors.

Reviews for Stealing Home: How Artificial Intelligence Is Hijacking the American Dream

"""Nelson's righteous anger makes this book a must-read for not only those in the real estate and banking industries, but also for anyone who seeks to understand why, in the words of activist Jimmy McMillan, 'Rent Is Too Damn High.' The author combines the indignation and passion of an activist with the technical knowledge of a seasoned banker."" - Kirkus Reviews ""Stealing Home is a brilliantly researched book into why rental prices are escalating throughout the country. We must demand answers from those who can fix this crisis. Nelson shows us what we can and must do to fix this. Reporters, please read and investigate this. Now!"" - Julie Blacklow, former KING-5 Seattle investigative journalist ""Nelson's compelling research correlates artificial intelligence, rising rental prices, and in many cases, discrimination within AI algorithms during a time when we need answers and accountability for sky-rocketing multifamily rental rates."" - T'wina Nobles, President and CEO, Tacoma Urban League ""James Nelson has done the movement for affordable housing a huge favor by writing this explosive new book about Artificial Intelligence technology. Tenants who are constantly threatened with rent increases and mass evictions can now fight back against landlords' greed. Nelson's research justifies a thorough investigation by the responsible public officials."" - Mike Withey, human rights lawyer and former president of the Public Justice Foundation"