Login

San Francisco becomes first major US city to outlaw multifamily rent-setting software

Roughly 70% of all units in the market use the technology, officials say
A new San Francisco ordinance forbids the use or sale of software that uses nonpublic data to set, recommend, or advise on rent prices or occupancy levels. (Getty Images)
A new San Francisco ordinance forbids the use or sale of software that uses nonpublic data to set, recommend, or advise on rent prices or occupancy levels. (Getty Images)
CoStar News
September 5, 2024 | 11:58 P.M.

San Francisco said it has become the first city in the United States to pass a local ordinance banning the use of software and algorithms to set rents or manage occupancy levels for residential units.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In