Submitted by JCwhatimsayin t3_z3jtbw in jerseycity
JeromePowellAdmirer t1_ixqx0pn wrote
Reply to comment by orb_king in Algorithmic rent setting service under investigation by DOJ for collusion with landlords by JCwhatimsayin
This does not disprove supply and demand. The same software is used in Harrison yet prices are lower. This maximizes rents through collusion subject to supply and demand constraints. Take an economics class and you'll find out how that's possible.
orb_king t1_ixrrxbt wrote
Don’t forget to pick up your bowties at the dry cleaner!
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