Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Cable News Clips

oldsoftie

(13,538 posts)

4. In that case, sounds to me like something only an idiot would agree to.

Reply to Gaugamela (Reply #3)

Tue Aug 27, 2024, 01:18 PM

Aug 2024

Did Trump start it?
I mean I'm no land Barron but I have a few dozen properties & I see no advantage to this at ALL. If this program is telling me what to charge I'd NEVER sign up for it. Even keeping rents UP, if I'm forced to keep a unit VACANT that ruins any advantage from the higher price I get on others. Because I have an EMPTY one bringing in ZERO. 6 months empty at 1500$ a month is $9000 LOST income.
Also, insurance companies will drop you if you leave a home vacant for very long
I guess I need to read up on it to see why any landlord would think this benefits them when they can set rent for whatever they like right NOW.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

4 replies

= new reply since forum marked as read

Highlight:

What Is RealPage? DOJ Sues Software Firm Using Algorithm Enabling Landlords to Fix High Rents [View all] Uncle Joe Aug 2024 OP

Why waste my money on RealPage? I raise my own rents. oldsoftie Aug 2024 #1

You're more enlightened than massive corporations on Wall Street buying up residential properties to rent, and Uncle Joe Aug 2024 #2

The point of the software is to create a kind of rent cartel that manipulates Gaugamela Aug 2024 #3

In that case, sounds to me like something only an idiot would agree to. oldsoftie Aug 2024 #4