Several Cities Block AI-Powered Rent Gouging

Several Cities Block AI-Powered Rent Gouging

  • Jersey City, N.J., is the latest city to ban the practice of setting rents based on recommendations from services that use algorithms and non-public data from nearby properties.
  • The practice has sparked lawsuits from several state attorneys general and the U.S. Department of Justice.
  • No state has banned the practice so far, with Colorado Gov. Jared Polis recently vetoing a bill approved by the legislature.

In 2021, Kevin…

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https://www.governing.com/urban/several-cities-block-ai-powered-rent-gouging