US Housing Affordability Hits Worst Point in Nearly Four Decades

Re:US Housing Affordability Hits Worst Point in Nearly Four ... by jfghi on Monday August 21, 2023 @02:27PM (#37213461)

I’d say based upon the overall profitability and scale of single family corporate landlords like American homes for rent that commercial interests have great influence over pricing. Smaller landlords are then able to price similarly. It makes little sense for them to have houses be empty and lose money, but this is often the case. However, the focal point is the drivers of pricing and I don’t see any evidence in your argument as to why I am wrong.

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Re:US Housing Affordability Hits Worst Point in Nearly Four ... by whimsicalism on Monday August 21, 2023 @02:52PM (#37213777)

> I don’t see any evidence in your argument as to why I am wrong.

Basic economics on how prices work? The fact that obviously nobody is a price-taker in most home markets?

Your theory is for some sort of massive coordinated action that would reap massive profits to anybody for defecting from. It's game-theoretically impossible but I need to provide the evidence? There are some landlord pricing tools that should absolutely be subject to anti-trust enforcement, but this is again: an extremely small current in modern rental/housing markets.

This is what I am referring to when I say that this is basically left-wing science denialism.

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