lol. Yes, I remember at the 2022 landlords meeting we all decided to raise rents… because we never thought of that before!!
Surely it has nothing to do with taxes and inflation, no, as a renter you should be shielded from that and we should pay it without passing it on!
https://www.propublica.org/article/yieldstar-rent-increase-r...
Let’s use simple reason here…
If there isn’t enough supply, rates will go up, coordination or not.
If there is no supply issue, landlords who conspire to raise rents will be immediately undercut by those that do not.
Article makes allegations, and nothing came of them. It’s not illegal to call and ask prices. Prices that they’re “agreeing on” were all what people were paying.
[0]: https://www.ftc.gov/business-guidance/blog/2024/03/price-fix...
https://www.businessinsider.com/apartment-rent-increases-lan...
It’s a blog that pretends it is real. You couldn’t pick a worse example. FYI