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State legislators are considering a bill that would prohibit landlords from using software to inflate rents.

The intent of House Bill 6478 is to “prohibit the use of certain software that uses one or more algorithms to examine data for the purpose of increasing landlord and property manager profits by constraining housing supply and increasing rental rates.”

Landlords using RealPage software are accused of colluding to inflate rent prices by sharing sensitive data and using algorithms to set high rental rates, reducing competition. This practice is the subject of a multi-state antitrust lawsuit, including Connecticut.

Critics of the proposed bill argue that it could unintentionally impact small landlords.

Do you think CT should ban landlords from using software like RealPage to set rents?
Yes (49%, 165 VOTES)
No (51%, 173 VOTES)
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State legislators are considering a bill that would prohibit landlords from using software to inflate rents.

The intent of House Bill 6478 is to “prohibit the use of certain software that uses one or more algorithms to examine data for the purpose of increasing landlord and property manager profits by constraining housing supply and increasing rental rates.”

Landlords using RealPage software are accused of colluding to inflate rent prices by sharing sensitive data and using algorithms to set high rental rates, reducing competition. This practice is the subject of a multi-state antitrust lawsuit, including Connecticut.

Critics of the proposed bill argue that it could unintentionally impact small landlords.

  • 338 Votes
  • 0 Comments

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