Minneapolis Becomes Fourth City to Ban Rent Price-Fixing Software

Cities — including Minneapolis — lead bans on algorithmic rent hikes as states lag behind

Photo via Getty Images.Minneapolis recently became the fourth U.S. city to ban algorithmic rental price-fixing software, joining San Francisco, Philadelphia and Berkeley, California, in a growing wave of legislation aimed to protect renters from rental price-gouging. While momentum builds at the city level — with Portland, Oregon; Providence, Rhode Island; and San Diego exploring similar laws — statewide bans have been slower to emerge. The legi…

Minneapolis Becomes Fourth City to Ban Rent Price-Fixing Software

Philadelphia, San Francisco and Berkeley, Calif., have also banned algorithms that can lead to price-gouging, with similar proposals brewing in other major cities.