Writing · Leasing & Conversion
Philadelphia is following San Francisco’s lead, moving to ban rent-setting software that uses nonpublic data, saying it could lead to landlords indirectly coordinating to raise rents and lower occupancy. If signed into law, violations could cost landlords $2,000 per unit per day.
The big questions: How will property managers set rents without these tools? And will more cities jump on the bandwagon, making this a trend?
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