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by dugite-code
839 days ago
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The problem here is they apparently DID corner the market in some area's. With apparently nearly 70% of some area's Realtors using the software. Given rents went up 18% across the US between 2017 to 2022 (and I believe it's continued as such but I didn't find good numbers quickly) it's entirely possible to reach your 8.5% increase in tightly controled areas. https://www.pewresearch.org/short-reads/2022/03/23/key-facts... |
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And doesn't seem that unusual frankly looking at the chart? [https://www.pewresearch.org/short-reads/2022/03/23/key-facts...]
Near as I can tell, it was inflation being exported from the cities into the rest of the country as remote work let people leave the highly congested area with their bigger city salaries. So what would have been higher than that rent in the cities became higher rent EVERYWHERE.
Which in some areas may indeed have also allowed realtors to do some of the pricing tricks, but none of the actual data seems to indicate it was anything but business as usual?
This seems like more 'make an article to draw clicks' than anything real?
Re: Google Antitrust - I'm talking about the search engine monopoly case [https://news.bloomberglaw.com/antitrust/dojs-google-monopoly...]
I can't find any followup on the case though, which is weird. Anyone know how it ended up going? Maybe still ongoing? [https://www.theverge.com/2024/2/23/24080493/google-doj-antit...]