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San Francisco supervisors approve ban targeting RealPage software for setting rents
The San Francisco Board of Supervisors on Tuesday have approved a first-in-the-nation ordinance banning landlords from using certain software and algorithms to set rents.
According to Peskin's office, the measure bans both the sale and use of software "which combines non-public competitor data to set, recommend or advise on rents and occupancy levels." "What they're doing, their entire business model is illegal," attorney Lee Hepner of the American Economic Liberties Project told reporter John Ramos. In a statement to CBS News Bay Area on July 17, RealPage said media reports and legal filings are "false and misleading" and that their software "contributes to a healthier and more efficient rental housing ecosystem."
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