Re:Berlin buys thousands of apartments from corporate landlords
by wanderer2323 on Saturday September 18, 2021 @11:01PM
(#28581332)
The way it works here, all the corp landlord have their rent prices track the housing market. So when average price of a certain class of home moves up 5%, so does your rent.
Yes, a 100,000-firm marketplace forces participants to be price takers.
Yes, a 1-firm marketplace allows the firm to arbitrarily raise rents.
Why do you think a dozen-firm marketplace "automatically" tends toward the latter?
A dozen seems like a pretty high number. Explicit OPEC-style cartels are illegal (I assume) under anti-trust law so we're talking about about some pretty implicit forms of collusion.