Legislating algorithmic rent increases

4 cities have curtailed algorithmic rent increases. Minneapolis became the 4th, following Berkeley, Philadelphia, and San Francisco. Opposition to algorithmic rent increases say that they are a form of collusion. 

It’s not only cities curbing this practice. Colorado’s HB25-1004 has passed a chamber of the legislature and will also prohibit algorithmic rent increases.

Route Fifty | Cities lead bans on algorithmic rent hikes as states lag behind