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Happy Labour Day to people who are not landlords. (lemmy.world)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 1 year ago (1 children)

Here in Seattle, they were caught price fixing all of the rents as well. Basically, they all used one software that was supposed to tell you what others are charging so you could adjust your prices. Instead, they would all use it to raise the prices at the same time. It's an evil industry.

[–] [email protected] 7 points 1 year ago* (last edited 1 year ago)

It’s an evil industry.

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. -Adam Smith