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by trevwilson
958 days ago
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I don't disagree that more housing supply is broadly the best way to combat rising rent, but if the numbers cited in the linked article are even close to true then I don't think it's surprising to think their software could meaningfully impact the market (for high-density housing at the very least): > The collaboration "amounts to a District-wide housing cartel," Schwalb said, noting that "well over" 30 percent of buildings with five or more units use RealPage's software, along with 60 percent of 50-unit-plus buildings. Across a wider Washington-Arlington-Alexandria area, more than 90 percent of units in large buildings are subject to RealPage pricing, according to Schwalb's office. |
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