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@Viking_Hippie@lemmy.dbzer0.com to A Boring Dystopia@lemmy.world • 13 days ago

Colorado’s governor vetoes landmark ban on rent-setting algorithms

apnews.com

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Colorado’s governor vetoes landmark ban on rent-setting algorithms

apnews.com

@Viking_Hippie@lemmy.dbzer0.com to A Boring Dystopia@lemmy.world • 13 days ago
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Colorado's governor vetoes landmark ban on rent-setting algorithms
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Democratic Gov. Jared Polis has vetoed a bill that would have made Colorado the first state to ban landlords from using rent-setting algorithms.

cross-posted from: https://lemmy.world/post/30522666

  • @MajorasMaskForever@lemmy.world
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    9•13 days ago

    Had the bill passed nothing would have changed in Colorado. The bill was simply virtue signalling and grandstanding, taking no real action to the very real problem of rental prices in Colorado.

    My criticism of the original comment is that this is not an instance of Democratic policy that is making people distance themselves from the party. If a person does distance themself from the party over an action like this, they did it because of the headline and how that headline made them feel in the moment

    • Match!!
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      5•13 days ago

      The national lawsuit against RealPage was filed in January. It may be years before that lawsuit resolves and there’s no guarantee that RealPage will be found liable. In the meantime, “anticompetitive pricing costs renters in algorithm-utilizing buildings an average of $70 a month”. Does that not warrant prompt action even if it might merely help millions of people on a 2-year timeframe?

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