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They're soaring now, they'll be crashing next. Live by the algorithm, die by the algorithm.
by j_m_b 3y ago
They're soaring now, they'll be crashing next. Live by the algorithm, die by the algorithm.
- jeffbee 3y agoAre rents falling in Austin because they don't use RealPage?
- nerdjon 3y agoThe problem is we have been saying there is going to be a crash for years. But I don't know if there will be until the supply problem is fixed in big cities. Big dense towers are only going to go up so quick and until then, what is going to cause a crash? People are obviously paying these prices or they would be sitting vacant. It isn't like I can just pick up and say, I am not paying rent. I have to live somewhere. (Yes, I do fully realize that technically I could pickup and say exactly that, but realistically it's not a choice many would want to make if they have the choice). I agree we need one, badly. But I just don't see it happening unfortunately.
- bell-cot 3y agoThe rental market can stay irrational for longer than most people can go without a decent place to live.