Mayor Bruce Harrell said he intends to sign the new legislation, which would go into effect in 30 days.
SEATTLE — Seattle’s City Council has advanced an ordinance aimed at banning “algorithmic rent fixing” — a method where landlords use software tools to analyze market data and automatically set rent at the highest possible rate.
Former Seattle resident John Gleason remembers paying just $800 for a two-bedroom apartment on Crown Hill in 2006.
“That seems unthinkable now,” Gleason said.
The ordinance is driven partly by findings from the Washington Attorney General’s lawsuit against software firm RealPage and nine landlords. The suit alleges
→ Continue reading at King 5
