FernandFortune
Shoshana 🏳️⚧️Landlords are being sued for colluding on rent increases. When more than 90% of units in large buildings have their rent controlled by the same software, it acts as a cartel to raise rents. If all landlords can coordinate rent hikes, it puts pricing power in their hands.
House Panther 
@LilahTovMoon This is why we need universal guaranteed public housing for all who want it.
deantoir_ceardaiochta@housepanther @LilahTovMoon public housing should be the norm for everyone.
@LilahTovMoon I wish I had faith that this would lead to positive change. Landlords are the worst.
Lyle Solla-Yates@LilahTovMoon seems like a pretty good A.G.
Dogpile@LilahTovMoon they do it everywhere.
Jargoggles@LilahTovMoon
I mean, isn't this the literal definition of a cartel?
I mean, isn't this the literal definition of a cartel?
Todd Knarr@LilahTovMoon The same company, RealPage, is being sued in a bunch of other places too. I have an interest because the management company for the house I rent uses RealPage and made it clear last time I probed about rent that they ignore rents on similar houses in the area and set their rents entirely based on the rates given them by RealPage.
Travis Scott@LilahTovMoon keep corporate America out of residential housing. Change policy to make sure anything shady that harms average citizens will be held against those that promote shady practices
Alex Orloff@LilahTovMoon I tell everyone the same thing about rent control but nobody listens.
TC Won't Give In To LiesHey @Npars01
As if on queue, another story on price manipulation and the #HousingCrisis 👆
Andy Wootton@LilahTovMoon Software is a single point of failure in many organisations. Why not in an entire market? :-/
Three plus or minus five@LilahTovMoon
This is more or less an admission that a capitalist market is failing in the housing sector; they aren’t competing, so it’s not efficient. Sounds like a good reason to adopt a new system.
This is more or less an admission that a capitalist market is failing in the housing sector; they aren’t competing, so it’s not efficient. Sounds like a good reason to adopt a new system.
@LilahTovMoon 100% true