4 ms·

My thoughts exactly. Price fixing should be illegal, but that's not the primary mover of insanely high rental prices in San Francisco.

• PaulHoule 2y ago
  It's going to work there because of the demand inelasticity. If you tried to fix prices in a place that did not have the demand it would be a different story.
  • ChrisLTD 2y ago
    Bingo.