4 ms·
> It becomes an issue if a group of landlords agree not to rent below a certain threshold in a community. This is classic price fixing - leaving renters no alte
by tristor 3y ago
> It becomes an issue if a group of landlords agree not to rent below a certain threshold in a community. This is classic price fixing - leaving renters no alternative other than paying the minimum rate set.
This is exactly what's happening, though. Landlords using RealPage/YieldStar are required to follow its guidelines and need permissions from the company to make exceptions. It's technology mediated collusion to price-fix.