sanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 days agoNew Jersey bans algorithmic rent pricing, targets software that pools nonpublic rent and occupancy data across landlordswww.housingwire.comexternal-linkmessage-square11fedilinkarrow-up1246arrow-down11
arrow-up1245arrow-down1external-linkNew Jersey bans algorithmic rent pricing, targets software that pools nonpublic rent and occupancy data across landlordswww.housingwire.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 days agomessage-square11fedilink
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up13arrow-down4·2 days agoThis is an antedote to a bad policy, not a good policy. A good policy would be “Rent Freeze, until we can figure out what’s going on” followed by “Rent Control as statewide policy, since you fuckers want a cartel so badly”
minus-squareFluffy Kitty Cat@slrpnk.netlinkfedilinkEnglisharrow-up4·2 days agoGiven how the “market rate” is not a market but a Cartel rate, rents should be force-reset lower and free market discovery proceeds from there.
This is an antedote to a bad policy, not a good policy.
A good policy would be “Rent Freeze, until we can figure out what’s going on” followed by “Rent Control as statewide policy, since you fuckers want a cartel so badly”
Given how the “market rate” is not a market but a Cartel rate, rents should be force-reset lower and free market discovery proceeds from there.