San Francisco bans software suggesting rent prices, aiming to decrease rental costs. RealPage's algorithms came under scrutiny due to reported rent increases.
Board President Aaron Peskin led the ordinance, targeting RealPage's 'revenue management' products. The ban awaits final approval and dual enforcement mechanisms are in place.
RealPage faced backlash post-investigation for potentially inflating rents. They are dealing with lawsuits and a Department of Justice inquiry amidst denying any misconduct.
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