Reps. Becca Balint and Jesus "Chuy" Garcia Introduce Legislation to Crack Down on Companies Exacerbating Rental Housing Crisis Through Price-Fixing Algorithms
June 06, 2024
June 06, 2024
WASHINGTON, June 6 -- Rep. Becca Balint, D-Vermont, issued the following news release:
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Rep. Becca Balint (VT-AL) and Rep. Jesus "Chuy" Garcia (IL-04) introduced the Preventing Algorithmic Facilitation of Rental Housing Cartels Act, legislation to prohibit digital price fixing by landlords. In the midst of an urgent housing supply and affordability crisis, many housing providers are using algorithms to collude to further increase rents for working familie . . .
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Rep. Becca Balint (VT-AL) and Rep. Jesus "Chuy" Garcia (IL-04) introduced the Preventing Algorithmic Facilitation of Rental Housing Cartels Act, legislation to prohibit digital price fixing by landlords. In the midst of an urgent housing supply and affordability crisis, many housing providers are using algorithms to collude to further increase rents for working familie . . .