> Supply and demand don't exactly work on an inelastic market like rent. I used to set my properties rent to be competitive with the other rentals in the area.

> Supply and demand don't exactly work on an inelastic market like rent. I used to set my properties rent to be competitive with the other rentals in the area. In would vary a lot - sometimes more sometimes less. At this point there are so many companies setting price with subscription services that prices always go up. > Landlords, on the other hand, can accumulate, and leave properties empty, In a healthy market this strategy will leave small landlords bankrupt. The problem right now is that the small landlords can play along with big property management companies on price collusion.