4 ms·
> Once again, yes, RealPage might be able to push things a few percentage points up and that's bad, but it is simply not capable of turning Houston prices into
by blackhawkC17 2y ago
> Once again, yes, RealPage might be able to push things a few percentage points up and that's bad, but it is simply not capable of turning Houston prices into Los Angeles prices.
You didn’t address the point though. If the issue is collusion, why haven’t landlords hiked mid-tier city rents to San Francisco levels?
Or maybe it’s simply supply and demand.
- falcolas 2y agoOr maybe people living in mid-tier cities can't afford San Francisco grade rents? If we need to pull out a catchy (if overly simplified) Econ 101 principle, we could use "What the market can bear," and Houston jobs don't pay as much as jobs in San Francisco.