Rent is high due to supply and demand, but collusion lowers supply. Ironically enough, "affordable housing" arrangements and rent-control, which is common in N

Rent is high due to supply and demand, but collusion lowers supply. Ironically enough, "affordable housing" arrangements and rent-control, which is common in NYC, are examples of such collusion and end up raising rents over time compared to the alternative where the collusion isn't there.