End Rent Fixing Act of 2025
Summary
The "End Rent Fixing Act of 2025" aims to prohibit the manipulation of rent prices in the United States by targeting entities that coordinate rental pricing. It defines key terms like "coordinating function" and "coordinator" to identify and regulate activities that influence rent prices. The bill seeks to prevent anti-competitive practices in the rental market.
Expected Effects
If enacted, the bill would make it unlawful for rental property owners to collude on rental prices through coordinators. This could lead to more competitive rental rates and potentially lower housing costs for renters. The Federal Trade Commission and Attorney General would have the authority to enforce the act.
Potential Benefits
- Potentially lower rental costs for tenants due to increased competition.
- Greater transparency in rental pricing.
- Discourages anti-competitive practices in the rental market.
- Empowers the FTC and state attorneys general to take action against rent fixing.
- Provides a legal avenue for individuals harmed by rent fixing to seek damages.
Potential Disadvantages
- Potential for increased compliance costs for rental property owners.
- Possible chilling effect on legitimate data analysis and market research.
- Risk of unintended consequences on property values and investment in rental housing.
- Potential legal challenges based on the scope of the definitions.
- Possible reduction in the availability of sophisticated property management tools.
Constitutional Alignment
The bill's attempt to regulate commerce aligns with the Commerce Clause (Article I, Section 8, Clause 3) of the U.S. Constitution, which grants Congress the power to regulate interstate commerce. The enforcement mechanisms provided to the Federal Trade Commission and the Attorney General are consistent with the powers granted to the executive branch. The bill also provides for civil actions by injured parties, ensuring due process.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).