2 ms·
Stocks makes sense with that being a core part of how that market is supposed to work in the first place. Rent prices changing daily really doesn't make a ton
by nerdjon 3y ago
Stocks makes sense with that being a core part of how that market is supposed to work in the first place.
Rent prices changing daily really doesn't make a ton of sense, there isn't really a valid reason for it except for an algorithm trying to figure out how to make the most money. Under normal circumstances I would expect maybe a monthly adjustment, maybe weekly if it was for a single unit not for all units in a building.
Something like, oh this unit isn't renting we need to get it filled so let's adjust the price. That wouldn't really be a daily thing normally.
- WalterBright 3y agoComputer and AI algorithms are used to select the best prices for stocks, too. > Rent prices changing daily really doesn't make a ton of sense Sure it does, just as stock prices change by the millisecond. The economy is not remotely static. The only reason prices changed slowly before was the lack of information and an illiquid market. > That wouldn't really be a daily thing normally. Markets change moment by moment. Just like the price of an airplane seat on a particular flight.