The Jersey City Council has unanimously voted to prohibit landlords from using AI-driven software for setting rent prices. This landmark ordinance, introduced by Councilmember James Solomon, categorizes the use of such technology as a code violation. Advocates argue it combats rent inflation and supply constraints, while opponents highlight that it does not tackle the housing supply issue and could unfairly penalize landlords. Since 2015, rent prices in Jersey City have surged by 50%, contributing to a significant affordability crisis.
"With the passage of this first-in-the-state legislation, we are putting corporate landlords on notice: if you're using software like RealPage to coordinate rent hikes, you're breaking the law - and now, tenants and the city have the tools to hold you accountable."
Detractors of the new ordinance say the measure fails to address the root of the problem - a lack of new housing supply.
Collection
[
|
...
]