Robbie Sequeira
Coverage of Robbie Sequeira in the Nexus archive.
- States begin banning ‘surveillance pricing’ that uses personal data to charge more
Several states have enacted laws to limit surveillance pricing, which involves using a customer’s personal data to set individualized prices on goods and services. Three states—Connecticut, Maryland, and New Jersey—were among the first to pass these restrictions, though they cover different retailers and exceptions. The legislation has met with opposition from business groups concerned that the rules are overly broad and could interfere with existing discount programs.
- States begin banning ‘surveillance pricing’ that uses personal data to charge more
Connecticut, Maryland, and New Jersey have enacted laws to restrict surveillance pricing, which uses personal data to set individualized prices. The laws vary in coverage, exceptions like loyalty programs, and enforcement mechanisms, with Maryland’s law effective October 1 and New Jersey’s imposing a moratorium on new electronic shelf labels.
- Private equity companies buy more apartment units
Private equity firms own 3 million apartment units (13% of the U.S. total), with 57% acquired since 2018 and 45% since 2021. Over two-thirds of these units are concentrated in 10 states, including Texas (highest number) and Georgia (nearly 1 in 3 units). The report links high private equity ownership to increased cost-burdened renters in states like Arizona, Georgia, and Texas.
- Private equity companies buy more apartment units
Private equity firms own nearly 3 million apartment units (13% of total U.S. apartments), with 57% acquired since 2018 and 45% since 2021. Texas has the highest number of units, while Georgia and North Carolina each have over 1 in 3 and 1 in 4 units owned by private equity. The report links high private equity ownership to increased cost-burdened renters in states like Arizona, Georgia, Texas, and Florida.
- Private equity companies buy more apartment units
Private equity firms own 3 million apartment units (13% of the U.S. total), with 57% acquired since 2018. Texas leads with nearly 580,000 units, and states like Georgia and North Carolina have significant ownership shares. The report links high private equity ownership to rising cost-burdened renters in several states.