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Realtors Face an Antitrust Reckoning
- gnicholas 3y agoI'm not sure that any of the individual pieces of evidence makes this a slam-dunk, but overall it seems pretty compelling. There will be a lot of innovation in this area once MLS/NAR are stripped of their current coercive powers.
- taraharris 3y agoThe National Association of Realtors is the #1 lobbyist group in DC. Given the influence they have, the likelihood of any real change is unfortunately low. (I really hope the NAR loses. Good luck!) It's a shame, because restrictions on housing supply are the biggest driver of inequality there is. An 80% improvement could be made on that front if we could somehow waive a magic wand and stop rewarding people for literal rent-seeking.