{"id":58461,"date":"2025-05-30T19:23:10","date_gmt":"2025-05-30T19:23:10","guid":{"rendered":"https:\/\/www.httppropeterrapropertynews.com\/wp\/2025\/05\/30\/realpage-dodges-another-blow-with-colorado-veto\/"},"modified":"2025-05-30T19:23:10","modified_gmt":"2025-05-30T19:23:10","slug":"realpage-dodges-another-blow-with-colorado-veto","status":"publish","type":"post","link":"https:\/\/www.httppropeterrapropertynews.com\/wp\/2025\/05\/30\/realpage-dodges-another-blow-with-colorado-veto\/","title":{"rendered":"RealPage Dodges Another Blow With Colorado Veto"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" width=\"1200\" src=\"https:\/\/i2.wp.com\/www.httppropeterrapropertynews.com\/wp\/wp-content\/uploads\/2025\/05\/meier-Cuarzo-Tower-1.jpg?w=1200&amp;resize=1200,0&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"RealPage Dodges Another Blow With Colorado Veto\" title=\"RealPage Dodges Another Blow With Colorado Veto\" \/><\/div><p>2 days 10 hr agoMay. 30, 2025 12:22 pm<br \/>\nColorado Gov. Jared Polis has vetoed House Bill 1004, which was the nation\u2019s first-of-its-kind legislation passed by a state legislature to ban landlords from using AI-powered rent pricing tools such as RealPage\u2019s YieldStar software. Tenant advocates argue that such tools facilitate landlord collusion and inflate rents, but Polis cautioned that the bill could have unintended consequences, including restricting useful tech and exacerbating housing supply issues.\u00a0<br \/>\nCritics slammed the veto. \u201cThis sends the devastating message that corporate landlords can keep using secret price-fixing algorithms,\u201d said Sam Gilman of the Community Economic Defense Project. A 2024 study by the Biden White House claimed algorithm-driven pricing added up to $136 a month to Denver rents.<br \/>\nRealPage applauded the decision, as some of Colorado\u2019s largest landlords rely on its software. \u201cRealPage applauds Governor Polis for his courageous leadership in doing the right thing and vetoing HB25-1004,\u201d the company said in an emailed statement. \u201cThis is the right outcome for all of us who desire a healthy housing ecosystem that benefits Colorado renters and housing providers alike. We want to thank Governor Polis and the broad array of supporters of housing affordability who instead advocated for the responsible use of technology and tools like RealPage\u2019s algorithmic pricing software to find fair pricing, ultimately benefiting all Coloradans.\u201d<br \/>\nPolis\u2019 veto provides RealPage with more temporary relief, coming on the heels of a larger buffer that could emerge if the U.S. House Republicans\u2019 tax bill passes. A provision in the tax bill would impose a federal moratorium on local AI-related regulation for a full decade. But legal risks persist for RealPage and others. Colorado\u2019s attorney general, the DOJ, and seven other states are pursuing a civil antitrust suit against RealPage for alleged price-fixing.<\/p>\n<p>The Colorado Sun<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2 days 10 hr agoMay. 30, 2025 12:22 pm Colorado Gov. Jared Polis has vetoed House Bill 1004, which was the nation\u2019s first-of-its-kind legislation passed by a state legislature to ban landlords from using AI-powered rent pricing tools such as RealPage\u2019s YieldStar software. Tenant advocates argue that such tools facilitate landlord collusion and inflate rents, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":56570,"comment_status":"registered_only","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pagelayer_contact_templates":[],"_pagelayer_content":"","footnotes":""},"categories":[715,725],"tags":[],"country":[],"region":[],"property_type":[706,713],"class_list":{"0":"post-58461","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-rental-market","8":"category-transaction-legal","9":"property_type-rental-market","10":"property_type-transaction-legal"},"_links":{"self":[{"href":"https:\/\/www.httppropeterrapropertynews.com\/wp\/wp-json\/wp\/v2\/posts\/58461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.httppropeterrapropertynews.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.httppropeterrapropertynews.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.httppropeterrapropertynews.com\/wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.httppropeterrapropertynews.com\/wp\/wp-json\/wp\/v2\/comments?post=58461"}],"version-history":[{"count":0,"href":"https:\/\/www.httppropeterrapropertynews.com\/wp\/wp-json\/wp\/v2\/posts\/58461\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.httppropeterrapropertynews.com\/wp\/wp-json\/wp\/v2\/media\/56570"}],"wp:attachment":[{"href":"https:\/\/www.httppropeterrapropertynews.com\/wp\/wp-json\/wp\/v2\/media?parent=58461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.httppropeterrapropertynews.com\/wp\/wp-json\/wp\/v2\/categories?post=58461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.httppropeterrapropertynews.com\/wp\/wp-json\/wp\/v2\/tags?post=58461"},{"taxonomy":"country","embeddable":true,"href":"https:\/\/www.httppropeterrapropertynews.com\/wp\/wp-json\/wp\/v2\/country?post=58461"},{"taxonomy":"region","embeddable":true,"href":"https:\/\/www.httppropeterrapropertynews.com\/wp\/wp-json\/wp\/v2\/region?post=58461"},{"taxonomy":"property_type","embeddable":true,"href":"https:\/\/www.httppropeterrapropertynews.com\/wp\/wp-json\/wp\/v2\/property_type?post=58461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}