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1433 - San Francisco Leaders Approve Measure to Ban Price-Fixing Software To Combat High Rent Prices by Jeff Vasishta

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Manage episode 440146409 series 2813754
Content provided by BiggerPockets. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BiggerPockets or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The streets of San Francisco may be known for Dirty Harry, movie car chases, and the birth of the hippie movement, but they will no longer be associated with rental price-setting software. That’s because the Golden Gate City is in line to be the first in the U.S. to ban the tech tools allegedly associated with landlord price fixing.

The San Francisco Board of Supervisors unanimously approved an ordinance introduced by its supervisor and mayoral hopeful Aaron Peskin that bans landlords from using specific software and algorithms to set rents. The measure will still need to be approved by the mayor next month before it can be enforced.

Keep reading the article here: https://www.biggerpockets.com/blog/san-francisco-leaders-approve-measure-to-ban-price-fixing-software

Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

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1465 episodes

Artwork
iconShare
 
Manage episode 440146409 series 2813754
Content provided by BiggerPockets. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BiggerPockets or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The streets of San Francisco may be known for Dirty Harry, movie car chases, and the birth of the hippie movement, but they will no longer be associated with rental price-setting software. That’s because the Golden Gate City is in line to be the first in the U.S. to ban the tech tools allegedly associated with landlord price fixing.

The San Francisco Board of Supervisors unanimously approved an ordinance introduced by its supervisor and mayoral hopeful Aaron Peskin that bans landlords from using specific software and algorithms to set rents. The measure will still need to be approved by the mayor next month before it can be enforced.

Keep reading the article here: https://www.biggerpockets.com/blog/san-francisco-leaders-approve-measure-to-ban-price-fixing-software

Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1465 episodes

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