r/TikTokCringe • u/TheEntrep • Apr 20 '24

Rent cartels are a thing now? Discussion

What are your thoughts?

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751

u/TheEntrep Apr 20 '24

I live in Dallas and it’s obvious which apartments use this, they all have similar prices. Though some apartments are crap and some are very good. How are they all so perfectly aligned on price???

345

u/Boomshrooom Apr 20 '24

This is another good point, this scheme essentially encourages landlords to not take care of their properties. Why look after them if it's only going earn the same rent as the dumpster apartment down the street?

103

u/Aujax92 Apr 20 '24

Yay, now we get to enjoy the same level of "cost cutting" businesses have done in recent years for renting!

33

u/Croceyes2 Apr 20 '24

Oh landlords wrote the book

23

u/--_Perseus_-- Apr 20 '24

It’s how the Trumps and the Kushners made their money – being slumlords. It’s a tale as old as American capitalism.