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Not to defend YIMBYS but isn't this a business-illiterate take? Companies are incentivized to bring their per-unit cost down to charge less to sell at higher volumes. (hexbear.net)

submitted 3 months ago by [email protected] to c/[email protected]

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[–] [email protected] 22 points 3 months ago (1 children)

If all the companies building houses form a cartel they don't need to lower prices as supply increases.

[–] [email protected] 11 points 3 months ago* (last edited 3 months ago)

That's a good argument but not the one the OP is making. The other thing is that there is still a ceiling on how many total people will rent a place monthly at a certain price, and there is a bigger customer pool when the price is lowered.