Submitted by lasagnahog1 t3_zmm8f2 in nyc
lasagnahog1 OP t1_j0btzu8 wrote
Reply to comment by jonishay8 in I created a tool that lets you see how much New Yorkers ACTUALLY pay for rent. by lasagnahog1
I agree with you to some extent. Ultimately, the landlord has WAAAAY more leverage then the renter. But price transparency increases the leverage of the renter. This is not to say a renter can all of the sudden walk in and name their price. But at least you are negotiating with better data.
Also in most markets, price transparency helps the consumer: mortgage data, insurance, amazon, stock market, medical care, etc
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