Not sure how this impacts sales prices. I know gas station owners first hand who pre-everything-being-online were asking for reports of gas prices in neighboring towns to adjust their prices.

>buy it the once and lock in customers… nothing stops me from going across the street for my next 12 gallon purchase.

How often do rental prices get adjusted and how often do tenants move? The frequencies anecdotally seem not that disconnected.

The only reason we are arguing about any of this is because housing supply is super short because of broken zoning and permitting. Build more and take market power away from suppliers!

The problem with housing is that the sellers' supply is limited, those that don't go along with the minimum pricing scheme quickly go to 100% occupancy.