Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee advances ordinance to ban algorithmic rent-setting tools, expands private enforcement
Summary
The committee recommended advancing an ordinance to prohibit the sale or use of algorithmic revenue-management software for setting rents or occupancy in San Francisco, adopted narrow definitional amendments, and directed staff to prepare a duplicate file that would expand the private right of action to tenant-protection nonprofits.
The Land Use and Transportation Committee on July 29 recommended advancing an ordinance that would prohibit the sale or use of algorithmic devices to set rents or manage occupancy levels for residential units in San Francisco.
President Aaron Peskin, sponsor of the ordinance, framed the proposal as a local response to investigations and litigation alleging that large revenue-management vendors (named in the hearing as RealPage and Yardi) have facilitated coordinated pricing behavior that increases rents.…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
