2 ms·
Except that it's not just "providing information" as it does not supply information to both the buyer and the seller. In a stock market, both the buyer and sel
by bcrl 2y ago
Except that it's not just "providing information" as it does not supply information to both the buyer and the seller. In a stock market, both the buyer and seller see the range between bid and ask, and historic prices are readily accessible. That is very much not what RealPage was doing, as it exclusively focused on providing pricing information for landlords from other landlords, enabling them to collectively increase prices without informing renters.
The Behind the Bastards podcast on this topic is quite informative; see: https://www.iheart.com/podcast/105-behind-the-bastards-29236323/episode/part-one-why-is-the-rent-104321463/ https://www.iheart.com/podcast/105-behind-the-bastards-29236... .