Rent “algorithms” are just price-fixing with a veneer of legitimacy.
Bad choice by Polis.
HenryGeorgia on
The way this is worded sounds like he vetoed a bill that would have introduced a rent algorithm. He vetoed a bill that would have banned the use of rent setting software like the one in the news a while back
wumbopolis_ on
Dude WTF
> He suggested that the use of rent-setting algorithms, which are currently being challenged in court by Colorado’s attorney general and the U.S. Department of Justice, may already be illegal and that he prefers to wait until the court cases “run their course.”
Why is this an argument against signing the law? God forbid you have more legal ammunition to use against collusion of landlords.
> Late last year, the Biden White House found that Denver-area renters who lived in apartments that used RealPage’s software paid more than $1,600 more than their peers every year.
That is insane. The fact that the legislature is taking this issue seriously, and Polis isn’t, is a fucking disgrace.
I swear to god every time I want to embrace moderate Democrats, they pull shit like this.
3 Comments
Rent “algorithms” are just price-fixing with a veneer of legitimacy.
Bad choice by Polis.
The way this is worded sounds like he vetoed a bill that would have introduced a rent algorithm. He vetoed a bill that would have banned the use of rent setting software like the one in the news a while back
Dude WTF
> He suggested that the use of rent-setting algorithms, which are currently being challenged in court by Colorado’s attorney general and the U.S. Department of Justice, may already be illegal and that he prefers to wait until the court cases “run their course.”
Why is this an argument against signing the law? God forbid you have more legal ammunition to use against collusion of landlords.
> Late last year, the Biden White House found that Denver-area renters who lived in apartments that used RealPage’s software paid more than $1,600 more than their peers every year.
That is insane. The fact that the legislature is taking this issue seriously, and Polis isn’t, is a fucking disgrace.
I swear to god every time I want to embrace moderate Democrats, they pull shit like this.