See I dont get this if every appartment is 1200 and up in your area and if I owned an apartment complex I'd start at 900 and up. You'd never hurt for renters. I know its greed, but, still.
So instead of landlords gathering in smoke filled halls, planning how they will simultaneously raise rents together (which is illegal), a third-party company can be contracted by all of them to do the same thing but call it “data-driven decision making” and end up with the same result.
See I dont get this if every appartment is 1200 and up in your area and if I owned an apartment complex I'd start at 900 and up. You'd never hurt for renters. I know its greed, but, still.
Landlords use a service that tells them what to charge.
That way they can illegally collude to fix prices, without actually talking to each other.
So instead of landlords gathering in smoke filled halls, planning how they will simultaneously raise rents together (which is illegal), a third-party company can be contracted by all of them to do the same thing but call it “data-driven decision making” and end up with the same result.
Collusion-as-a-service.