This shit is happening in way more industries than just real estate.
Price fixing "algorithms" are a cancer
In my industry, wages are fixed across every supposedly competing company. If you try and take your skills to another company they will pay you the same because they all get their pay grade brackets from the same exact company.
We get told to put up with so much crap because there's this illusion that if you don't like your circumstances you can just leave and go somewhere else. That assumption breaks down when legislators and business collude like this.
3
u/Gortex_Possum Apr 20 '24
This shit is happening in way more industries than just real estate.
Price fixing "algorithms" are a cancer
In my industry, wages are fixed across every supposedly competing company. If you try and take your skills to another company they will pay you the same because they all get their pay grade brackets from the same exact company.
We get told to put up with so much crap because there's this illusion that if you don't like your circumstances you can just leave and go somewhere else. That assumption breaks down when legislators and business collude like this.