Submitted by cogitator_tertius t3_ydg7ac in rva
toocapak t1_its4jbt wrote
Reply to comment by plummbob in Rent too damn high? Landlords have formed an illegal cartel according to several reports by cogitator_tertius
Price setting could be an issue at such a massive scale — if you have one property management group in charge of 1000 units in one given area, then you could very easily manipulate pricing through the comparitive sales/rent method.
Fit-Order-9468 t1_itsiltf wrote
The effect of zoning is a legally enforced price fixing scheme among homeowners. This is explicit; just talk to homeowners and they’ll tell you.
Landlords are essentially free riding on the policies that ordinary homeowners, who’ve won the lottery for the American dream, created.
plummbob t1_its4p7l wrote
Only if there are high barriers to entry for other companies/landlords.
FARTBOSS420 t1_its9bmi wrote
Found the slumlord!
Charlesinrichmond t1_itv3swh wrote
no, you found an economist.. not kidding.
plummbob t1_ityy22g wrote
A group famous wanting to increase the housing supply.
Viewing a single comment thread. View all comments