Re:People do not believe that adding supply reduces housing ...
by TulliusCicero on Friday August 15, 2025 @12:32PM
(#44914412)
Again, do you have examples where a ton of supply was added to a market, the vacancy rate shot up to high levels, but prices remained the same?
I agree that the algorithmic price fixing needs to end, though I think it's mostly gonna be strong in a market where vacancy rates are still low. Harder to maintain the cartel the more options people have.
At any rate, if a buyer notices it happening in their area, then "it's not happening that much" is not only not going to make them feel better, it's going to also make them feel like you don't want to fix it.