ProPublica, 4 months ago

We Found That #Landlords Could Be Using Algorithms to Fix #Rent Prices. Now Lawmakers Want to Make the Practice Illegal.

After a ProPublica investigation, U.S. senators introduced a bill to curb “price fixing” linked to rent-setting software.

“Setting prices with an algorithm is no different from doing it over cigars and whiskey in a private club,” said one sponsor.

#News #Housing #Homes #Apartments #Houses

https://www.propublica.org/article/senators-introduce-legislation-stop-landlords-algorithm-price-fixing?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post