Colorado politicians are cracking down on rent algorithms that they say are driving up housing prices.
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DENVER (KDVR) — Colorado politicians are cracking down on rent algorithms that they say are driving up housing prices.
HB25-1004 passed through the Colorado House on Wednesday with a 43-22 vote. Lawmakers say it would restrict the sale or distribution of an algorithmic device with the intent that it be used by two or more landlords in the same or related market when setting a rent price.
