this post was submitted on 15 Mar 2024
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No Stupid Questions
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If there was no external stimulus, they would have a slam dunk case. When every gas station jacks the price up 20 cents because the price of oil goes up, it's just the market.
Put 1000 dollars in everyone's pocket, every (smart) landlord will react and change their prices accordingly. That's not "Collusion", and the DoJ will never be able to make a case. That's just landlords paying attention to what happened in the world.
The external stimulus you're looking for there is the cost of gas to the gas station actually rises. There is no extra cost to landlords. Raising prices in concert with your competition with no reason is the definition of collusion.
... If only there was a reason like everyone getting an extra 1000 dollars a month... Oh wait.
That's not a reason. There's not a carve out in collusion for, "median pay increased". Reasons are cost push. Which is why corporations spent so much time trying to blame inflation on the pandemic and supply shortages long after those matters were cleared up.