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    1. From the article: If you’ve hunted for apartments recently and felt like all the rents were equally high, you’re not crazy: Many landlords now use a single company’s software — which uses an algorithm based on proprietary lease information — to help set rent prices.

      Federal prosecutors say the practice amounts to “an unlawful information-sharing scheme,” and some lawmakers throughout California are moving to curb it. San Diego’s city council president is the latest to do so, proposing a ban that would prevent local apartment owners from using the pricing service, which he maintains is driving up housing costs.

      San Diego’s proposed ordinance, which is currently being drafted, comes after San Francisco enacted a first-in-the-nation ban on “the sale or use of algorithmic devices to set rents or manage occupancy levels” for residences in July. San Jose is considering a similar approach.

    2. When humans do it it’s illegal and called price fixing, when an algorithm does it, it’s called innovation and the media class calls it a rent increase to run cover.

    3. This also allows landlords to absolve themselves of any responsibility for high rents and evicting tenants when they aren’t setting the high rents themselves but are only charging the market rate they have been told to set by the computer.

    4. SilencedObserver on

      Airlines have been doing this for a while, too.

      Maybe there needs to be more DLC for that game series.

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