A self-cannibalizing process in the long term
I feel like I've seen this elsewhere. I checked a week back on this community and didn't see it, so hopefully it's not some repost my Swiss cheese brain just forgot about or missed.
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16 replies
And in America they are actively colluding together and NO ONE IS DOING ANYTHING ABOUT IT
Landlords fund politicians. The opinion of a tenant? Not relevant.
You will pay infinite dollars to live.
Rentoids in tears! (it's me, I'm rentoid and in tears)
Not saying more shouldn't be done of course, but I just thought it'd be nice to highlight someone trying to do something for once about this at least.
https://www.ftc.gov/business-guidance/blog/2024/03/price-fixing-algorithm-still-price-fixing
https://www.politico.com/news/2024/07/12/justice-department-rental-market-collusion-lawsuit-00167838
Oh boy, try Canada! All the elected officials are landlords!
If landlords and everybody selling things can collude to raise prices with no formal structure, then why can't workers do it too?
Well sure they are! They're paying off the people who are supposed to stop things like that.
That market would look a lot different with negative incentives against owning so many properties that you yourself don't even live out of.
Their market is a product of an artificial scarcity which undermines the true supply that exists in most modern housing eco-systems.
It's not freedom when they all collude together to fuck people over in unison. No one "has a choice" to go somewhere else WHEN THEY'RE ALL FUCKING DOING IT.
So all the corporations need money. So they steal from EVERYONE and give nothing back in return. If this were thr government doing it instead of just enabling it, that would basically be communism. But because it's corporations fucking all the money it's some fucking how considered "freedom".
One of the most enlightening things I learned as a politically-aware teenager was that markets were artificial constructs that are enabled by reliable enforcement of contract law.
A free market is sometimes good, but never natural. I've always kept that in mind when arguing with laissez-faire types about how the government, which enables the market they supposedly love, should 'stay out of' preserving the market and allow it to be captured by wealthy elites and dismantled.
Every conversation with a big company who says there's nothing they can do because of the systems in place.
This is the Prime Minister of New Zealand.
He's an embarrassment to our country.
Every show flake thinks it's not an avalanche
Oh wow! It's our chronic embarrassment of Prime Minister! Leader of the Landlords for Racism party
Don't forget the software that let's them
colludeprice according to "market" rates.