A federal judge has temporarily halted New York’s ban on rent-setting software, which regulators argued was used to artificially inflate housing costs. The ruling comes as part of a legal challenge from industry groups opposing the state’s attempt to curb what they call predatory pricing practices in the rental market. Landlords and tech companies involved in the software’s use have argued the restrictions violate free market principles and limit their ability to set rents competitively. The decision could reshape the debate over tenant protections and algorithmic pricing in housing.
Judge Blocks New York Rent-Setting Software Ban U.S. News & World Report
