Right right. They’re talking about it now, long after they should have taken serious action. Better late than never, but better early than late. And this problem goes back two decades FFS.
Now ACT, ffs
In August, the Department of Justice filed an antitrust suit against the company, alleging its pricing algorithm allows landlords to collectively push rents higher.
I meant more about rents than the antitrust suit. It’s all well and good to hold the company accountable; meanwhile, rents have already been artificially inflated, and they don’t go down.
Unfortunately that pretty much depends on building more housing, which takes time and Congress.
We’re going to need a legion of Luigis at this point.
What would happen if a bunch of people put on Luigi masks, marched somewhere, with all their cellphones just looping this:
It will be required in January for all rental places to use it.
“The Previous Corrupt White House did one Good Thing by recognizing the Great Benefit to Landlords, the True American People™, this Software provides! That’s why I, Donald Jesus Trump Lord God King Your Savior, will require all Real Estate Transactions to use these Wonderful Inventions!”
Because it’s a fucking cartel.
It’s literally just cartel price fixing done through the medium of “a mysterious algorithm.”
