RealPage is a serious problem. Landlords are colluding to keep apartments off the market, enabling them to drive up rents and capture higher profits.
Govt should step in and ban it!
Wait. Did I say RealPage? Sorry. I meant zoning.
I still don't get the Realpage thing. From my reading all it is is software that find the optimal rent for the type and location of units you own. It just aids in price discovery. How is it price fixing any more than looking up ebay prices for a collectable before you sell it?
The DOJ lawsuit alleges that RealPage isn't just aiding in price discovery, but rather is creating a backdoor mechanism for collusive pricing strategies.
I think it's an interesting case in the age of algorithmic price-setting, and I don't think we should reflexively conclude
What is it that bums you out? People who say RealPage is not a major cause of rent inflation and is being used as a red herring to deflect attention from zoning?
We're watching radical, career politicians like Sherrod Brown DESTROY the American Dream at every turn. Homes are unaffordable, groceries have nearly TRIPLED in price and gas prices continue to spike.
ARE YOU SICK OF CAREER POLITICIANS PUTTING YOU LAST?
The DOJ lawsuit alleges that RealPage isn't just aiding in price discovery, but rather is creating a backdoor mechanism for collusive pricing strategies.
I think it's an interesting case in the age of algorithmic price-setting, and I don't think we should reflexively conclude
The DOJ lawsuit alleges that RealPage isn't just aiding in price discovery, but rather is creating a backdoor mechanism for collusive pricing strategies.
I think it's an interesting case in the age of algorithmic price-setting, and I don't think we should reflexively conclude
You don’t get to grandstand about disingenuousness; our last interaction was you making a claim and then completely running away from actually substantiating it.
Who knew Adam Smith was talking about city council meetings: "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices."
NEVADA - have your housing costs gone up?
Multimillionaire Jacky Rosen took thousands in campaign cash from real estate executives who jacked up housing costs and EVICTED hardworking families.
Similar things are happening in plumbing. . My contractor noted it, my plumber has gotten ‘offers’ to have someone else bid for him using a ‘pricing book’ which maps out to about $500/hour (presumably he’d get, say, 80% of that?)
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Clark H
@Clarksterh
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Replying to @kidney_boy
Interesting find. My gen contractor recently hinted something similar (collusion using SW package) about a series of egregiously overpriced bids for a fairly small plumbing effort (all 3 bids came in at almost same amount - equating to ~$2500 for 4 hours labor).
Why would I want more activity in Keynes's favorite high-multiplker sector and a lawsuit that probly wont do anything when I could just have the lawsuit
Classic Local News Moment to do a piece on how 10s of thousands of drivers are driving in bus lanes in DC and not interview a single bus rider or driver. Great stuff.
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Homa Bash
@HomaBashNews
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Have you been hit with a $100 bus-camera ticket in D.C. recently? More than 145,000 citations issued over the last 9 months.. totaling nearly $15 million in fines.
Maryland drivers lead the way, then DC, VA, and all over.
Here's what some drivers we spoke with had to say:
There's a lot of talk about how parents need to be less "helicopter-y" and while I agree, it often ignores the policies that have made that harder
For ex, I thought parents were choosing to drive kids to school, but large numbers of them are forced to do so... (h/t
I dont really understand this move. Without acquisition, US Steel will likely close plants and shed thousands of US jobs. Nippon will keep them open. Japan is one of our strongest allies. The plants are physically in the US & arent going overseas. What is going on here?
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Jeff Stein
@JStein_WaPo
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Scoop: Biden prepares to block Nippon Steel acquisition of U.S. Steel, sources tell @davidjlynch & me
Story tk
btw Pittsburgh's progressives won and are basically making new houses illegal, in this case they have now added a citywize IZ amendment. Imagine living in a declining rust belt city and adopting california's housing policy
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City of Pittsburgh
@Pittsburgh
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Please join us for a press conference announcing 5 new zoning amendments https://x.com/i/broadcasts/1zqKVYDyeBAxB…
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