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News@lemmy.world · 1 year ago

Colorado Senate Rejects Bill Barring Rent-Setting Algorithms

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Colorado Senate Rejects Bill Barring Rent-Setting Algorithms

return2ozma@lemmy.world to

News@lemmy.world · 1 year ago

The Colorado Senate voted against a bill aimed at prohibiting landlords from utilizing algorithms to set rent prices.

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1 year ago
You’re correct in theory. However, in practice it’s likely to end up the same way publishing CEO salaries ended up leading to a constant rise in CEO salaries, rather than curtailing them, as intended.

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