See I dont get this if every appartment is 1200 and up in your area and if I owned an apartment complex I’d start at 900 and up. You’d never hurt for renters. I know its greed, but, still.
So instead of landlords gathering in smoke filled halls, planning how they will simultaneously raise rents together (which is illegal), a third-party company can be contracted by all of them to do the same thing but call it “data-driven decision making” and end up with the same result.
Hell, nowadays it’s all owned by one big “land developer” so they don’t even need the app. That’s the case where I used to live, the whole neighborhood was bought out to milk renters.
This sounds batshit insane, and it is, but it is also true. In the USA, anyway. What is even the job of the government under capitalism if not to fix this kind of shit.
See I dont get this if every appartment is 1200 and up in your area and if I owned an apartment complex I’d start at 900 and up. You’d never hurt for renters. I know its greed, but, still.
But nobody is hurting for renters at the bottom of the price bracket. Those units go fast unless there’s something horrible about the unit.
Landlords use a service that tells them what to charge.
That way they can illegally collude to fix prices, without actually talking to each other.
So instead of landlords gathering in smoke filled halls, planning how they will simultaneously raise rents together (which is illegal), a third-party company can be contracted by all of them to do the same thing but call it “data-driven decision making” and end up with the same result.
Collusion-as-a-service.
Nailed it, 100% A+ gold star. The worlds stupid, everyone’s out here trying to take anything they can from everyone else.
Straight up price fixing.
Hell, nowadays it’s all owned by one big “land developer” so they don’t even need the app. That’s the case where I used to live, the whole neighborhood was bought out to milk renters.
Allowing companies to own housing has to be the stupidest shit ever.
This sounds batshit insane, and it is, but it is also true. In the USA, anyway. What is even the job of the government under capitalism if not to fix this kind of shit.
Lol, the job of the government under capitalism is to facilitate this kind of shit.
There’s a whole class of landlords who refuse to rent to low income renters, so they wouldn’t do what you’re describing.