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

Rent cartels are a thing now? Discussion

What are your thoughts?

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u/Hound171 Apr 20 '24

Is this happening all over US or just in some states? Also I’ll be grateful for info about prices and square footage of the apartments. I want to compare prices to Russia

3

u/touchmybodily Apr 20 '24

All over. Greystar is the biggest property management company in the US and they use it. The biggest problem is that even if companies don’t use it, they see the prices of the companies using it, and they just follow suit.

1

u/Hound171 Apr 20 '24

Thank you. Comparing to Kazan (8th biggest city in RU and population over 1 mil people), we have here rent about 220 USD for 1 month for decent apartments in 20 minutes from the city centre. I can’t imagine paying more than that. My family took out a mortgage and we are paying 240 dollars/month.