San Francisco is looking to ban the use of property management software from companies such as RealPage that critics allege is used to artificially raise rents.
San Francisco this week moved to ban the use of property management software that critics allege is used to artificially raise rents and discourage competition. Supporters say the ban would be the first of its kind targeting software that has allegedly played an outsized role in increasing the cost of housing — not just in notoriously expensive San Francisco, but in markets across the country.
' RealPage and its software, known as YieldStar, have been used by property management companies in several states. In 2022, ProPublica reported that RealPage was using private data to recommend rents, as well as discouraging landlords from negotiating prices individually with renters. Some employees told the nonprofit news outlet that landlords are, in some cases, encouraged to keep units vacant to justify raising rents.
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