Gavin Newsome
- Thread starter Dadar
- Start date
Don't look now, but Fatpiggy is becoming a Gavin Newsome fan... Wait until he realizes the tweets are a joke and not how he actually talks.
I don't know about algorithmic price fixing. Landlords can simply look at the for rent pages on realtor.com and see what prices are for similar properties
Definitely a fan of this one. Not sure what it will ultimately do, but collusion is bad no matter the process to get there.
That's reacting to the market. Would imagine, at least only going from the information in the tweet, that if they all use the same software, that software could be used to all raise prices together.
Don't know about that, but I'm renting a condo in Virginia, and before I set a price I took my own advice and looked at realtor.com to see what similar units were/had rented for. So, maybe there's more to this than I understand, But hey, if Californians don't have a problem with it, neither do I.
Many short term rental services like Airbnb use algorithms to set prices, will these be included? In general I'm not opposed to what he is saying, I think his intentions are good, but I doubt this helps much in the long term. It seems like a focus on regulation instead of focusing on fixing the supply.
I hear you on all that, I don't know either. But seems worthy of trying I suppose.
somehow, I would think ROI would enter into a landlord's thought process. If I can't make a decent return, why be in the business?
that was my thought as well. But there must be more to it than we realize. Otherwise what's the point?
Same way that companies aren't allowed to collude to raise prices together (they have to let the market decide), these algorithms and software apparently has been a way around that.
Instead of competition driving what they charge, it sounds like they were all using the same software that instead of going by competition and the market.
Isn’t it all the same. The software is taking data that’s available to anyone and simply compiling into information that they’re using. This information is out there, seems like they just want them to work for the info lol. You’ll see this more and more imo as the market pivots more to renters.
Yea, understand. I've rented before and my philosophy was to to keep the place rented at the highest price possible. If everybody else was renting at $2000, I'd go for $1950/1975. But I guess I''m not as greedy a capitalist.
Right, and that makes sense.
What should be illegal is for all of the landlords in the city to collude and all decide to charge 2500 (or in your case 2450/2475). Because if everyone does it, what are renters going to do otherwise? Sounds like they were trying to get around this by all using the same software.
Again though, I don't really know to be clear, I'm going off what I'm seeing.
not an expert, maybe bear can weigh in, but I would have thought price fixing is already . I don't have a dog in this fight, so if Californians want it, fine by me.
Right, what I'm saying is it appears this is closing a loophole.
I'd bet that this issue is not limited to California. As a people we have become so eager to just turn away from laws to take the easy way out. Don't have the proper paperwork, no problem: can't speak or read english, no problem: in the country illegally, no problem: not allowed to vote, no problem. It didn't used to be this way
@GavinNewsom is a hypocrite.
Gavin is building a taxpayer funded mega office building in Sacramento costing hard working Californians over $1.5 billion.
It’s called the East Annex and it’s more than 4 times more expensive than President Trump’s privately funded addition to the White House’s East Wing.
The 525,000-square foot building in Sacramento provides modern offices for politicians, the governor, and the lieutenant governor, along with a parking garage.
Democrats in Sacramento authorized the multi-billion dollar office space claiming health and safety concerns for themselves. They also exempted the project from their own environmental quality requirements.
#hypocrite
Damn Gavin is from the streets huh? I didn’t know he had it like that. He’s just like us. lol at this charade. What a pathetic way to try and make him relatable. Did the left learn nothing from Kamala.
