[jfghi]

The algorithm would create scarcity by having some sit empty.

[Gigachad]

That only works when a single owner controls a massive % of them. In a healthy market with lots of smaller landlords, one individual owner won’t let their 1-2 apartments sit empty so that some other landlord can rent theirs for more.

[Purplehermann]

What if an app allows landlords to easily coordinate on prices?

[Purplehermann]

The higher the margins, the more wealthy people will want to build houses to rent them out.

At some number of vacant houses the algorithm changes