A more interesting consideration is how much data is going to be collected, retained, and monetized down the line. And probably handed over to law enforcement.
Corporation dislike saying "they pay for user data". They prefer to formulate it as "they provide analytics". So nobody pays landlord, instead information is funneled for free to half a hundred of "analytics" providers, who then regurgitate that data a little, and THEN sell it if there are any buyers. Conglomerates which effectively consist of multiple different corporations-projects don't even need to do it, they just pass user data to the colleagues.
You are asked whether you want to give that permission, and the rationale is probably in the context. You can always refuse to grant the permission when asked.
You can always refuse to grant the permission when asked, and the app can always refuse to grant you access to your own apartment until you grant that permission.
There is perfectly nothing wrong with traditional locks to be substituted with another crappy app, whose only goal is data farming.