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Portland hears polarizing testimony on policy to ban rent pricing software

Summary by OPB
The first major policy change under consideration by Portland’s new City Council attempts to address one of the city’s top issues: Housing costs.On Wednesday, councilors considered a policy prohibiting landlords from using algorithmic software to set rental rates.This kind of software scans regional rent prices and vacancy data submitted by landlords and recommends monthly rental rates. Supporters say this “algorithmic pricing” tool helps proper…

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Portland looks to ban AI tech used to set rent prices

During its meeting on Wednesday, the Portland City Council discussed an ordinance to ban the use of AI software to determine rent prices.

·Portland, United States
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OPBOPB
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Portland hears polarizing testimony on policy to ban rent pricing software

The first major policy change under consideration by Portland’s new City Council attempts to address one of the city’s top issues: Housing costs.On Wednesday, councilors considered a policy prohibiting landlords from using algorithmic software to set rental rates.This kind of software scans regional rent prices and vacancy data submitted by landlords and recommends monthly rental rates. Supporters say this “algorithmic pricing” tool helps proper…

·Portland, United States
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OPB broke the news in Portland, United States on Wednesday, April 2, 2025.
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