With Shared Software, Landlords Are Teaming Up to Raise Rents
With Shared Software, Landlords Are Teaming Up to Raise Rents
San Francisco has banned RealPage, a software company that computer-generates recommended rents for landlord clients in what some are calling a price-fixing scheme. It’s a step toward curbing rent-raising collusion between landlords.
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"Predatory Cabal"
"Price Fixing"
Landlords are literally rent-seeking, they provide no real economic value to society.
At best they are opportunistic parasites.
And now they're part of a cartel, which is not only illegal in the US, but illegal in international law. (The oil crisis of the late 1970s was thanks to OPEC price fixing. We're still sore about it.)
"As soon as the land of any country has all become private property, the landlords love to reap where they never sowed, and demand a rent even for its natural produce."
-Adam Smith
Adam Smith, famous commie. If you took his quote without attribution people would think it is something Mao said while doing nothing wrong.
Adam Smith is massively misquoted by libertarians and conservatives. He railed against landlords, corporations, and monopolies. He's the reason we have the phrase, "rent seeking behavior".