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ProPublica (propublica@newsie.social)'s status on Wednesday, 31-Jan-2024 04:45:00 JST ProPublica

We Found That #Landlords Could Be Using Algorithms to Fix #Rent Prices. Now Lawmakers Want to Make the Practice Illegal.
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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
In conversation about 10 months ago from newsie.social permalink
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1. We Found That Landlords Could Be Using Algorithms to Fix Rent Prices. Now Lawmakers Want to Make the Practice Illegal.
  
  from @propublica
  
  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.

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