New Jersey Governor Signs Law Restricting Rent-Setting Algorithms Amid Housing Affordability Crisis
TRENTON, N.J. (VINnews) – New Jersey Gov. Mikie Sherrill signed legislation Monday prohibiting landlords from using algorithms to set rents in a bid to address the state’s rising housing costs. The FAIR Act, which takes effect next summer, bars rent-setting software from incorporating sensitive data such as current rental prices, housing supply levels, occupancy rates