housing

Of course they knew it was illegal. They just didn’t care.

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Schwalb’s DC lawsuit cites a former “high-ranking manager” at Greystar Management Services, one of the RealPage customers named in the suit, as confirming that landlords used rent management software to collude and raise prices. “He responded that of course they did—it’s the entire reason landlords used the software,” according to the complaint.

Source: 14 big landlords used software to collude on rent prices, DC lawsuit says | Ars Technica

Say, what are the chances there are other cartels in other cities that are also artificially inflating prices through the use of software? We get that landbastards want to make it easy for themselves to maximize profits as we all live in a capitalist society, but this is egregious. There is a difference between profiting and profiteering.

There is a high likelihood there’s a cartel here in Minneapolis given how city government feels safe in fucking life up for everyone within city limits.

We hope they all get fucked.

Cognitive Dissonance 30 minutes out of downtown

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The suburbs run on federal subsidies. Without them, America’s suburbs would have to become more financially productive. They would need to get greater returns per foot on public infrastructure investment. That would mean repealing repressive zoning regulations, allowing the market to respond to supply and demand signals for housing. It would also mean allowing the “little downtowns” Kurtz fears to form where demand for them exists. Isn’t that what is supposed to happen with self-government and local control?

Source: It’s Time to Abolish Single-Family Zoning | The American Conservative

To have a conservative person say this is quite strange. Few suburbs in all of the US actively try to compete with the cities they’re attached to, mostly because they only want to attract wealthier millennials who can afford the down payment on a house by way of the parents paying for it.