Gov. Sherrill signs bill restricting landlords’ use of rent-setting software

The new law aims to curb landlords’ use of rent-setting practices that critics say amount to unlawful collusion.

By: Sophie Nieto-Munoz

Outlets: New Jersey Monitor

Published: July 20, 2026

Words: 475

Last Updated: 1 month ago

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Gov. Mikie Sherrill signed legislation Monday restricting landlords’ use of algorithmic software to set rents, a move state officials say is part of a push to rein in housing costs.

The new law bars landlords from using software to analyze competitor’ pricing and vacancy data to set rent levels, a practice opponents argue has let landlords who would otherwise compete against each other effectively coordinate rent increases.

The law also prohibits …

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