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Property managers <> owners. RE investment is very hands on, and people hiring property managers to deal with it on their behalf. The idea that the top 10 own
by steveBK123 3y ago
Property managers <> owners.
RE investment is very hands on, and people hiring property managers to deal with it on their behalf. The idea that the top 10 own 70% of the market is not a shock.
You could probably do this "top 10 own 70% of __ market" for literally anything.
- thfuran 3y agoI think you skipped the last clause of the sentence you're referencing (and forgot to look at the source). The real point is that one software vendor effectively controls all the pricing.
- PartiallyTyped 3y agoNotice that you omitted the important part: > every single one of which used pricing software sold by RealPage. Which makes this effectively a cartel.