Article 6PNY4 San Francisco Supervisors Approve Ban on Rent-Setting Software

San Francisco Supervisors Approve Ban on Rent-Setting Software

by
msmash
from Slashdot on (#6PNY4)
San Francisco's Board of Supervisors has approved a first-in-the-nation ordinance banning landlords from using certain software and algorithms to set rents. The measure, proposed by Board President Aaron Peskin, passed with a 10-0 vote and targets companies like RealPage and Yardi. The ordinance prohibits the sale or use of "algorithmic devices" that analyze non-public competitor data to recommend rents or occupancy levels for residential units in San Francisco. Violators could face civil penalties up to $1,000 per infraction. Proponents argue the software exacerbates the city's housing crisis by enabling artificial rent inflation. RealPage defended its product, stating it "benefits both housing providers and residents" and that customers can reject price recommendations. The ban follows federal scrutiny of algorithmic rent-setting practices. A final vote is scheduled for September 3.

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