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Re:Algorithmic price-fixing of rents is here by klipklop on Saturday August 10, 2024 @09:30PM (#41213392)
This is exactly why. Also why most commercial real estate sits empty forever. To lower the rent would effect the loan and estimated (bullshit) value of the building.
Re:Algorithmic price-fixing of rents is here by HeatrayEnjoyer on Sunday August 11, 2024 @01:52AM (#41214235)
Why even care or measure value in that manner? Seems like an obvious bad idea.
Re:Algorithmic price-fixing of rents is here by amanaplanacanal on Sunday August 11, 2024 @05:54AM (#41215100)
The value of an asset is the return you can get on it. It’s just that in this case the return is a matter of opinion.