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The first example is still a crime, but the landlords probably have deniability, whereas RealPage is still very much attempting to create a pricing cartel, whic
by arrosenberg 3y ago
The first example is still a crime, but the landlords probably have deniability, whereas RealPage is still very much attempting to create a pricing cartel, which is illegal. The second one is a conspiracy to defraud and a violation of antitrust law.
> The point of both services is to help landlords maximize profit, but that isnt illegal by itself.
No, it's immoral, which is why lawsuits and regulation are coming.
- s1artibartfast 3y agoI guess we just have different understanding. I dont think the first example is a crime, any more than getting an appraisal for a house or good you want to sell. With respect to the latter, I dont think there is anything immoral about maximizing profit by legal means. The counterparty isn't owed anything.
- arrosenberg 3y agoLeaving housing stock vacant in order to maximize your rents by artificially inflating demand is absolutely immoral and is sometimes (should always be) illegal. In this (the US) democracy the good faith assumption is that regular people get a fair deal - if that assumption goes away, things get ugly.