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Why does your landlord not collude with the owners of the new complexes to raise rents together?
by Laaas 4y ago
Why does your landlord not collude with the owners of the new complexes to raise rents together?
- Swizec 4y ago> Why does your landlord not collude with the owners of the new complexes to raise rents together? I imagine the various property owners in an area see each other more as competition than buddies. Or even targeting different demographics. Why would owners of a big building collude with some rando who happens to own a place or two?
- zamfi 4y agoProbably: A) illegal, and B) would have to be extremely widespread to not just serve to keep those units unrentable.
- deleted 4y ago[deleted]
- nordsieck 4y ago> Why does your landlord not collude with the owners of the new complexes to raise rents together? The more vacancies across the city, the more difficult collusion is.
- BurningFrog 4y agoCollusion can work with 2, maybe 3 suppliers. More than that, and somebody always breaks the pact fairly soon.