RealPage Algorithm

San Diego Bans Landlord Algorithm Rent-Fixing: A Toothless Law?

San Diego’s City Council passed an ordinance, 8-1, prohibiting landlords from using private data-driven algorithms to determine rental prices. This measure, targeting companies like RealPage, aims to prevent potentially anti-competitive practices currently under legal challenge. The ordinance, while excluding algorithms using public data, intends to protect tenants from unfair rent increases and is enforceable through tenant lawsuits. However, opponents argue the ordinance is overly broad and could hinder the development of new housing.

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Justice Department Sues Six Major Landlords for Algorithmic Rent-Fixing Scheme

The Justice Department, alongside ten states, is suing six major landlords for allegedly colluding to inflate rents. This alleged scheme involved sharing sensitive pricing data and utilizing an algorithm, RealPage, to coordinate rent increases across 1.3 million units. The landlords are accused of prioritizing profit over affordability, exacerbating the ongoing housing crisis impacting millions of Americans. One landlord has agreed to a settlement, while others deny wrongdoing and plan to vigorously defend themselves. The lawsuit aims to curb anti-competitive practices and make housing more affordable.

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