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Berkeley's city council just put the brakes on landlords using software to set rent prices. They're worried algorithms could lead to unfair rent hikes, so they're banning this tech to keep things more affordable.
At a glance
Declining — being discussed less frequently. 0 mentions in the last 30 days.
This could mean more predictable rent increases for tenants, but landlords might see less flexibility in pricing their units.
Renters likely benefit from this, as it could prevent sudden, algorithm-driven rent spikes.
Landlords who relied on software for dynamic pricing might be negatively impacted.
We'll include it in your weekly brief whenever the council takes it up.
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