A 3326
Makes use of algorithmic systems to influence price and supply of residential rental units unlawful.
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill prohibits the use of algorithmic systems to manipulate rental prices and housing supply in New Jersey. It makes it unlawful for landlords to use software that analyzes rental data to fix prices or for coordinators (companies providing such software) to engage in practices that restrict competition among landlords. The bill aims to address a rising housing affordability crisis by preventing algorithmic price fixing.
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Primary sponsors
Ed Rodriguez
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