this post was submitted on 30 Sep 2024
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[–] Maggoty@lemmy.world 3 points 1 month ago

OP very clearly referenced landlords. And no, this is not just checking competitor prices. It's literally an app landlords can collude on. They all give their pricing and vacancy data and the app tells each one how many units to keep vacant to make the market price go up. It's literally a pricing cartel and literally illegal.

The answer was always greed.