San Francisco has banned RealPage, a software company that computer-generates recommended rents for landlord clients in what some are calling a price-fixing scheme. It’s a step toward curbing rent-raising collusion between landlords.
Adam Smith is massively misquoted by libertarians and conservatives. He railed against landlords, corporations, and monopolies. He’s the reason we have the phrase, “rent seeking behavior”.
Adam Smith is massively misquoted by libertarians and conservatives. He railed against landlords, corporations, and monopolies. He’s the reason we have the phrase, “rent seeking behavior”.