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Re:Is One Company to Blame for Soaring Rental Prices in the ... by manwe150 on Wednesday June 05, 2024 @12:15AM (#40581342)
If anything, shouldn’t that drive prices down, as landlords now know exactly how much to undercut their competitors to still make a profit but also get more rapid turnover? I thought microeconomic competitive market theory assumes that more information is always a positive influence on markets, at least for the simplified models. Is RealPage a counter example?
Re:Is One Company to Blame for Soaring Rental Prices in the ... by SoftTalker on Wednesday June 05, 2024 @12:25AM (#40581400)
The agreement between RealPage and the landlord is that they do not undercut RealPage's recommended rent amount.
Re:Is One Company to Blame for Soaring Rental Prices in the ... by Arainach on Wednesday June 05, 2024 @12:26AM (#40581405)
To use RealPage you have to agree to not sell below their algorithmic price.