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New Jersey Bans Algorithmic Rent Collusion | New York City News
New Jersey just passed the FAIR Act, a bold new law cracking down on algorithm-driven rent hikes, banning landlords from using sensitive data like rental prices, availability, or lease end dates to set rents — aiming to stop “collusion by algorithm” and prevent coordinated price spikes. With housing costs soaring and affordability a top priority for Governor Mikie Sherrill, the law targets tech-enabled rent manipulation while giving renters much-needed protections. RealPage, the software company behind many of these tools, says it will adapt but argues the real fix is building more housing…
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