Re:Big landlords used software to collude on rent prices, DC...
by sangnoir on Thursday November 02, 2023 @01:17PM
(#38116873)
> Having a unit sit vacant an extra 2 months at a higher price might be more profitable [...]
You can only be certain this strategy works when you know the competition is doing the same. If you have a formal arrangement to coordinate pricing with competitors, you are deep in collusion territory.
You can only be certain this strategy works when you know the competition is doing the same. If you have a formal arrangement to coordinate pricing with competitors, you are deep in collusion territory.