4 ms·
Why would you rent for 50K if you can rent for 100K? Are you an economically irrational actor? Same applies for landlord who could either undercut the competit
by polygamous_bat 3y ago
Why would you rent for 50K if you can rent for 100K? Are you an economically irrational actor?
Same applies for landlord who could either undercut the competition or join the “app” (aka collusion ring) to make higher profit.
- bsdpufferfish 3y agoIn that scenario it's a shared place vs your own. > collusion ring Once again, markets for such a commonly desired good are not 5-10 or even 100 participants. They are unstructured webs of opportunities and favors.