posted in Technology
New Jersey bans algorithmic rent pricing, targets software that pools nonpublic rent and occupancy data across landlords
www.housingwire.com/articles/new-jersey-algorithmic-rent-ban/
HousingWireNew Jersey bans algorithmic rent pricing under FAIR ActSherrill signed New Jersey’s FAIR Act restricting rent-setting algorithms that share nonpublic landlord data.
Replying to @sanitation@lemmy.today
This is an antedote to a bad policy, not a good policy.
A good policy would be “Rent Freeze, until we can figure out what’s going on” followed by “Rent Control as statewide policy, since you fuckers want a cartel so badly”
Replying to @UnderpantsWeevil@lemmy.world
Given how the “market rate” is not a market but a Cartel rate, rents should be force-reset lower and free market discovery proceeds from there.