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Yes, my comment mentions that if you engage in cartel behavior you can make this work, assuming you don't get into legal trouble. There is an ongoing lawsuit a

Yes, my comment mentions that if you engage in cartel behavior you can make this work, assuming you don't get into legal trouble. There is an ongoing lawsuit about this: https://www.reuters.com/legal/litigation/fight-is-control-realpage-antitrust-litigation-2023-01-10/ https://www.reuters.com/legal/litigation/fight-is-control-re... https://www.propublica.org/article/yieldstar-rent-increase-realpage-lawmakers-collusion https://www.propublica.org/article/yieldstar-rent-increase-r...

annoyingnoob 4y ago
You realize I'm presenting a hypothetical scenario and I'm not even a landlord, right? I was just playing into your scenario there, but that is not required. I suspect every property owner or manager has a different tolerance for empty units. If I can over-charge for most of the building then I can let a unit sit empty rather than lower the rent, this only works for so long. When people can spend more they will and anyone in a rent-seeking business is going to see UBI as money on the table.