<story><title>Up to a Quarter of Rental Inflation Is Due to Price-Fixing</title><url>https://www.thebignewsletter.com/p/up-to-a-quarter-of-rental-inflation</url></story><parent_chain></parent_chain><comment><author>JamesBarney</author><text>The middle case is that we are paying 2.6% higher rent due to RealPage.&lt;p&gt;I don&amp;#x27;t think the aggressive piece is realistic. And if we break up RealPage I highly doubt we&amp;#x27;ll see an significant drop in rent prices.&lt;p&gt;An interesting analysis would be looking at vacancy rate across different cities over time. If we saw a large increase in cities with a high penetration of RealPage I&amp;#x27;d be more inclined to believe it&amp;#x27;s having a significant impact.&lt;p&gt;For California and Text at least it looks like the price increase is classical supply and demand driven. We&amp;#x27;re not building enough multifamily or apartments. &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;fred.stlouisfed.org&amp;#x2F;series&amp;#x2F;TXRVAC&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;fred.stlouisfed.org&amp;#x2F;series&amp;#x2F;TXRVAC&lt;/a&gt;
&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;fred.stlouisfed.org&amp;#x2F;series&amp;#x2F;CARVAC&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;fred.stlouisfed.org&amp;#x2F;series&amp;#x2F;CARVAC&lt;/a&gt;</text></comment>
<story><title>Up to a Quarter of Rental Inflation Is Due to Price-Fixing</title><url>https://www.thebignewsletter.com/p/up-to-a-quarter-of-rental-inflation</url></story><parent_chain></parent_chain><comment><author>cousin_it</author><text>I think the biggest culprit behind rent inflation isn&amp;#x27;t companies like RealPage (evil as they may be), nor landlords, but &lt;i&gt;homeowners&lt;/i&gt;. Who vote for laws that make housing harder to build.</text></comment>