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Providence bans rent-setting algorithms amid affordability crisis

Summary by WPRI 12

PROVIDENCE, R.I. (WPRI) — In response to exponential rent hikes, Providence property owners are no longer allowed to use algorithmic tools to price units in the city. The Providence City Council approved an ordinance Thursday night banning large corporate landlords from using software that enables price-fixing and drives up costs for tenants. The ordinance, introduced by Council President Rachel Miller, claims these programs have distorted marke…

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Providence bans rent-setting algorithms amid affordability crisis

PROVIDENCE, R.I. (WPRI) — In response to exponential rent hikes, Providence property owners are no longer allowed to use algorithmic tools to price units in the city. The Providence City Council approved an ordinance Thursday night banning large corporate landlords from using software that enables price-fixing and drives up costs for tenants. The ordinance, introduced by Council President Rachel Miller, claims these programs have distorted marke…

22 hours ago·East Providence, United States

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WPRI 12 broke the news in East Providence, United States 22 hours ago on Friday, May 16, 2025.

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