3 ms·
See. This doesn't make economic sense. In a monopoly, there is a single accounting source. That's not the case in a "price fixed market by multiple players". If
by csomar 3y ago
See. This doesn't make economic sense. In a monopoly, there is a single accounting source. That's not the case in a "price fixed market by multiple players". If I have a single house, it might make sense not to rent it to increase the rent price across board for all landlords. But it makes more sense to rent it at a lower price, for the individual landlord, than let it sit empty.
Unless the whole market is owned by a few big corporations instead of small landlords who are using their second home as retirement or extra income. Oh wait...