Taking 20% of people's pay when they have unpaid medical bills is just kicking them when they're down.
Check out Lois Lupica from @CoEvictionDef talking about medical debt in @FortuneMagazine today.
Great story from @sam_tabachnik in Sunday's @denverpost - describing how renters face eviction for unpaid utilities- a prohibited practice.
You can have the law on your side- but if you don't know the rules of the game- you can still get evicted.
https://t.co/lNkogmmLhC
RealPage is acquiring payments processor Livble to give landlords the ability to subdivide monthly rents through direct integration with tenants’ real-time cash flow data.
RealPage is entering the surveillance pricing game. What could possibly go wrong?
“These algorithms help landlords increase prices like a billionaire’s rocket ship.
When new supply forces prices to fall, the algorithm works like a net and stops their fall. And who pays the price? It’s working families.”
@CoEvictionDef we’ll keep fighting for working people
RealPage leverages its algorithms to coordinate rent increases between corporate landlords. Gov. Jared Polis just vetoed a bill to curtail the practice in Colorado. From @BrockHrehor:
https://t.co/sN9FXv9nO8
Over the last three weeks I have been humbled and inspired by the many Coloradans I’ve met who want and need someone in the attorney general's office who will fight for them against all the ways they are scared, squeezed, and shut out by politics and the wealthy & powerful.
Big Landlords and Tech Bros are celebrating a veto as "courageous leadership."
But the cost of rent-fixing can be measured by families paying more for rent, seniors on fixed incomes struggling to stay housed, and rising homelessness.
https://t.co/9mK7gAI6MP
We worked really hard on HB25-1004 this year. Our goal was to increase competition in the CO rental market.
It's wild that companies like @RealPage - whose business model is literally landlord collusion- get a pass.
Tonight, Gov. Polis vetoed HB25-1004, a bill that would have prohibited Colorado from using price-fixing algorithms to collude in setting rents. https://t.co/TVdrTpRZPO
So disappointed to see HB25-1004 get vetoed tonight.
The bill would have stopped corporate landlords from working with big tech to fix prices in the CO rental market.
We have to make better decisions if we're going to stop our state's eviction and homelessness crisis.
As @GilmanSam of @CoEvictionDef says, Polis "just vetoed the most meaningful legislation we had to lower costs for renters"
It sends a "devastating message that corporate landlords can keep using secret price-fixing algorithms to take extra rent from people who have the least”
🚨NEW: Jared Polis VETOED a landmark bill that would have banned landlords from using secretive algorithms to allegedly price-fix rents.
This was his chance to stand with working Coloradans over corporate landlords -- and he just made his priorities clear, says @Pat_Garofalo
Deeply disappointed by the veto. This was the most important bill for renters this leg session. It stood up to corporate power. It promised to bring apartments back online. And it took on economic abuse that steals $1600 a year from renters.
https://t.co/UtBOKpDjH3
The rent is too damn high—and fixing it takes more than zoning tweaks. We need to hold corporate abuse accountable. That’ll be a top priority for me as AG, and why the Gov should sign HB-1004. Don’t just take it from me—we asked Nuggets fans too.
Proud to see my friend @daveyseligman jump into this race.
Join me in supporting David as he launches a campaign about fighting for working people and standing up against billionaires, kings, and predatory corporations.
I'm David Seligman.
I’m running for CO Attorney General.
This campaign is about reclaiming our power from the billionaires who have stolen it from us, from working families. We will fight. And we will win. Because we love our country the promise it made: The law belongs to us.
I'm David Seligman.
I’m running for CO Attorney General.
This campaign is about reclaiming our power from the billionaires who have stolen it from us, from working families. We will fight. And we will win. Because we love our country the promise it made: The law belongs to us.
Proud to pass the first-in-the US bill to ban algorithmic rent fixing. This legislation lowers rents and brings apartments online, it's pro abundance and anti corporate power.
Join me in reaching out to @GovofCO to ask him to sign this important bill.
https://t.co/2QFTxPuXNb
Colorado just became the first state in the country to pass a ban on algorithmic rent-fixing. A huge, hard-fought win.
It’s an elegant policy that prohibits 2 or more landlords from using the same piece of software to set rents or restrict supply.
Polis has 30 days to sign it.
The #COLeg has passed a first-in-the-US ban on algorithmic rent fixing. As of today, the bill is going to @GovofCO's desk.
This law forces landlords to compete and puts more units on the market at lower prices. And it stops a wealth transfer from working people to big landlords
Colorado renters are paying sky-high prices, and it's not just about supply & demand. Corporate landlords are using AI to fix prices, essentially charging a 13th month of rent over the course of a year. https://t.co/qCmQrTif6V
Algorithmic rent fixing doesn't create a single new home or prevent homelessness. It just facilitates a wealth transfer from working people to Big Landlords.
So proud to see the #CoLeg pass a first-in-the-nation bill to prevent these practices and save Coloradans money.
Colorado renters are paying sky-high prices, and it's not just about supply & demand. Corporate landlords are using AI to fix prices, essentially charging a 13th month of rent over the course of a year. https://t.co/qCmQrTif6V
Monica Villela lost her home and $300K in equity to a predatory HOA and an investor who took advantage of a now-illegal HOA foreclosure process. A Den Court ruled the purchase invalid and ordered him to sell.
Sign @RedressMovement's petition to help Monica get her house back.
@Noelle_Phillips@denverpost recently wrote about Monica Villela’s efforts to reclaim her home in Green Valley Ranch after Chris Attard, a wealthy investor in Fort Collins, purchased the home for less than 10% of it’s value in 2021.
https://t.co/SYszRWpiI7
@redressmovement