Episode Details

New Jersey just cracked down on rent gouging with the new FAIR Act, banning landlords from using algorithm-driven software to artificially inflate prices — a move hailed as a major win for renters struggling against skyrocketing housing costs. Governor Murphy called it a vital step toward affordability, targeting secretive tech tools that let landlords collude to jack up rents, even without knowing each other. Advocates say this protects families already stretched thin by rising food and gas prices, and could save renters billions nationwide — with one study showing $70/month rent hikes in algorithm-using buildings. This bold law aims to restore fairness to the rental market and make housing a basic right, not a luxury.

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