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cscheid | 8 months ago

Presumably because one of the two things are true:

- there's competition, and so if it's possible to rent for less than 1000-eps and still profit, someone will

- there's no competition, which is a cartel, the kind of thing that civilized societies ought to frown upon

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vasco|8 months ago

Do you know the adage location location location? The competition for good locations is among renters, not landlords. Seller's market vs buyer's market. Doesn't have to mean there's a cartel, it also doesn't mean there isn't one but it's not a guarantee.

svnt|8 months ago

I am trying to understand your perspective. How do people buying and selling real estate, the origin of the adage “location, location, location,” not compete on locations?