3 ms·
Normally this is self correcting. In most markets when a single participant defects from a cartel they can flood the market. When 70% or housing is under cont
by Retric 3y ago
Normally this is self correcting.
In most markets when a single participant defects from a cartel they can flood the market.
When 70% or housing is under control of a single pice of software the other 30% can’t flood the market.
- jcrben 3y agoIt's also affected by the fundamental barriers to entry in offering a competing product - homes don't get built quickly and people can't move that easily.