I see no reason why a cartel should be legal just because it's managed by software.
That said, SF's sky high rents are largely due to decades of anti-growth policies that have prevented building enough housing to meet demand.
That said, SF's sky high rents are largely due to decades of anti-growth policies that have prevented building enough housing to meet demand.
Yes. This reminds me of the way so much emphasis is put on trying to prevent people from sparking wildfires with cigarettes or abandoned campfires and ignoring the work that needs to be done for good forestry and controlled burns for decades.
It's incredibly short-sighted and irresponsible behaviour when it's done by individuals but institutions somehow get a pass.
The large towers of “luxury” apartments definitely are willing to let units go vacant to maintain rent