Fraudulent rental applications surge nationwide as housing costs remain elevated

Fake rental applications are proliferating across the country as the U.S. rental market has become increasingly unaffordable and competitive.Greystar, the country’s largest apartment landlord, told FOX Business that it has seen a clear increase in fraudulent applications nationwide."Fraud in rental applications has become increasingly sophisticated across the industry, with some of the most advanced cases involving AI-generated documents and fabricated payroll systems," Greystar said. IS A MORE AFFORDABLE HOUSING MARKET ON THE HORIZON?Eric Taylor, lead for trust and safety at TurboTenant, a fr