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HI HCR175
Concurrent Resolution
Status
3/7/2025
Primary Sponsor
Tina Grandinetti
Click for details
AI Summary
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Urges the Attorney General to investigate the use of algorithmic price-setting and price-fixing practices in Hawaii's rental housing market, including property management software that collects and analyzes pricing data.
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Directs investigation into how algorithms recommend or set rental prices, the potential for collusion among property owners, and the impact of these practices on rental prices and housing affordability.
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Requires the Attorney General to submit a report to the Legislature no later than twenty days before the 2026 Regular Session, including analysis of whether these practices contribute to rental price increases and recommendations for legislative or regulatory action.
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Cites Hawaii's affordable housing crisis, with more than half of renters spending over thirty percent of income on rent and reports that property management software may artificially inflate rental prices by up to 14.5 percent.
Legislative Description
Urging The Attorney General To Investigate The Extent To Which Algorithmic Price-setting And Price-fixing Practices Are Being Used In The State's Rental Housing Market.
Attorney General
Last Action
Referred to HSG, CPC, referral sheet 22
3/14/2025