Hold onto your wallets, folks! RealPage, the company synonymous with AI-driven rent price fixing (yes, that’s a real thing), is suing New York to block a shiny new law that bans algorithmic rent pricing.
Fresh off a settlement with the Department of Justice for allegedly helping landlords collude on those ever-so-pleasant rent hikes, RealPage is firing back. They’re claiming that this law infringes on their First Amendment rights—apparently, the right to use math and publicly available data to advise landlords is a constitutional issue now.
This law seeks to put a stop to the dubious practice of using algorithms to analyze public housing data to recommend market-appropriate rent prices. I mean, when did ‘being reasonable’ become a crime?
As this legal showdown unfolds, it raises an important question: is it justice or just another case of tech pushing back against regulations meant to curb its excess?
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