A New York judge has temporarily halted the enforcement of a law banning the use of algorithms to set rents in residential properties, granting a stay to RealPage, a company that provides software for automated rent pricing. The decision comes amid ongoing legal challenges to the state’s regulations, which aimed to curb what critics argue are opaque and discriminatory practices in rent determination. Landlords and industry groups have argued that algorithmic pricing tools improve efficiency and fairness, while tenant advocates maintain they often lead to inflated costs and lack transparency. The pause raises questions about the future of automated rent-setting in housing markets across the country.
RealPage wins pause on New York’s algorithmic rent-setting ban Multifamily Dive
