SomeConstructionGuy t1_j7pm79x wrote on February 8, 2023 at 2:48 PM

Reply to comment by Ok-Title-270 in How Can We The Increase Affordable Housing Supply? Ideas? by twentiesforever

I’m telling you that adding more supply doesn’t necessary lower costs when the price is controlled by what is essentially a cartel.

Ok-Title-270 t1_j7qtplq wrote on February 8, 2023 at 7:31 PM

A Vermont housing cartel?

SomeConstructionGuy t1_j7s95je wrote on February 9, 2023 at 1:09 AM

No. See the comment with sources. Read.

Ok-Title-270 t1_j7sm1l8 wrote on February 9, 2023 at 2:44 AM

No thanks

SomeConstructionGuy t1_j7tx18m wrote on February 9, 2023 at 11:19 AM

If you don’t want to learn then don’t ask.

It’s a thing nationally as well over half of corporate owned rentals are managed by one software. They can and do inflate prices which drags up all rental prices nationally.

Ok-Title-270 t1_j7ugu2j wrote on February 9, 2023 at 2:26 PM

And that constitutes a cartel in your mind?

SomeConstructionGuy t1_j7uhf91 wrote on February 9, 2023 at 2:30 PM

“an association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition.”

Yes. Many corporate property owners using common software to set prices enabling prices to be artificially inflated certainly looks like a cartel.

Do you disagree? And if so why?

Ok-Title-270 t1_j81s8k3 wrote on February 11, 2023 at 12:04 AM

I disagree because it's not that centralized and additionally is only able to happen because of government intervention