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If all the landlords in an area use this and discover that the real market rate for rent is double, what is different from them doing this independent of each o
by ZoomerCretin 4y ago
If all the landlords in an area use this and discover that the real market rate for rent is double, what is different from them doing this independent of each other and independent of this software? Does this not simply enable price discovery to occur at a faster pace?
- evancox100 4y agoThe difference is whether or not they colluded with their supposed competitors to set rents twice as high.
- ZoomerCretin 4y agoDoesn't that require a monopoly or an oligopoly among the competitors to exist? What does it matter if 10 landlords collude to double rents if they only control 10% of the rental market?
- longtimelistnr 4y agoWouldn’t it matter if that 10% was in a concentrated area? As in whole neighborhoods?