Re:I saw RealPage's crappy rent-jacking-up software so you d...
by kilotaras on Sunday February 26, 2023 @03:26PM
(#34949010)
> software can help create an inefficient market where ... suppliers of housing take a 5-20% hit on "volume" for a larger increase in price that more than offsets the rate of empty units.
Right, if one can get majority of the landlords to collude and government doesn't crack on collusion - this software would create such market.
Until we're in such dire situation: software is expediting price discovery, discovered prices are high because we don't build enough, we don't build enough because there's ridiculous amount of red tape, and doing anything that doesn't lead to more housing being built is spending time and effort on wrong problem.
Right, if one can get majority of the landlords to collude and government doesn't crack on collusion - this software would create such market.
Until we're in such dire situation: software is expediting price discovery, discovered prices are high because we don't build enough, we don't build enough because there's ridiculous amount of red tape, and doing anything that doesn't lead to more housing being built is spending time and effort on wrong problem.