New Jersey’s War on Pricing Software Won’t Build More Apartments
When rents rise, blaming the algorithm is easier than building apartments. New Jersey has chosen the easier target. On July 20, Gov. Mikie Sherrill signed the Forbidding the Algorithmic Inflation of Rent Act, or FAIR Act, declaring that landlords who use shared pricing tools are engaging in “collusion by algorithm.” The phrase is built for ... New Jersey’s War on Pricing Software Won’t Build More Apartments The post New Jersey’s War on Pricing Software Won’t Build More Apartments appeared first on Truth on the Market.
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