They're ignoring supply and demand by keeping rents up in dense areas. That allows them to withstand empty units. Moreover, there are tools created to help them determine the right ratio of empty units to keep in order to maximize profit through reduction in management as well as maintaining an occupancy balance.
They're ignoring supply and demand by keeping rents up in dense areas. That allows them to withstand empty units. Moreover, there are tools created to help them determine the right ratio of empty units to keep in order to maximize profit through reduction in management as well as maintaining an occupancy balance.
It's downright insipid.
https://www.seattletimes.com/business/real-estate/new-lawsuit-alleges-price-fixing-at-seattle-area-apartment-buildings/
If it is more "effective" to keep hi rents and hi vacancy, then it is a strong indicator that the market is fixed
Is any large market not fixed in this hellhole of a country?
I can only imagine what the person said. I don't know why average people run to the defense of corporations.
https://www.seattletimes.com/business/real-estate/new-lawsuit-alleges-price-fixing-at-seattle-area-apartment-buildings/
Capitalism will do that