Re:Big landlords used software to collude on rent prices, DC...
by ajmurmann on Thursday November 02, 2023 @01:59PM
(#38117552)
> we should hold ultra wealthy landlords who own hundreds of units accountable when they do bad things that make the real estate market worse for everyone else
Are these "landlords" ultra wealthy or are these property management firms that manage other people's property (like the grandma's from scenario b) or are they real estate investment firms that operate with other people's (maybe even your 401k's) money?
person a: we should hold ultra wealthy landlords who own hundreds of units accountable when they do bad things that make the real estate market worse for everyone else
person b: well what about my hypothetical grandma? she rents out a unit that is the second floor of her house. she doesn't know how to use the internet and so she is completely outside of the scope of topic at hand, but are you seriously saying that she should be punished just for adjusting prices for inflation? besides, if rent is so high, why can't these people just buy houses?