Re:US Reps Urge DOJ to Investigate Anticompetitive Conduct A...
by ceejayoz on Monday November 28, 2022 @07:47PM
(#33782157)
> How is it different from just eyeballing market price from looking at similar units, and renting yours out for +10-15% more?
OPEC works because they all move together. One of them raising or lowering production alone doesn't do much; all of them doing it at similar times does.
Same with RealPage. By having nearly everyone use it, nearly everyone's pricing moves in a coordinated fashion, and they collectively reduce the chances of downward price pressure.
OPEC works because they all move together. One of them raising or lowering production alone doesn't do much; all of them doing it at similar times does.
Same with RealPage. By having nearly everyone use it, nearly everyone's pricing moves in a coordinated fashion, and they collectively reduce the chances of downward price pressure.