r/Spokane • u/wee-dancer • 2d ago

News How a software company helped Washington landlords artificially inflate rent

https://www.krem.com/article/news/crime/software-company-landlord-price-fixing-washington-state/281-b68ca443-c1cf-4365-9d63-cb7671fd01a2?utm_medium=social&utm_source=facebook_KREM_2_News&fbclid=IwY2xjawJcOmNleHRuA2FlbQIxMQABHYmJKe8jNCW_HgjOGo68WDgnPB8anO8A_0dmVuDgQkp3qQOE2cR0Mn9SDQ_aem_puUvDgrL72PQB-pWZoKGiA
148 Upvotes

97% Upvoted

15 comments sorted by

29

u/ps1 2d ago

Hey look, an AG actually working for the people.

1

u/Mayonnaise_Poptart 1d ago

Do you mean to imply Ferguson didn't? Hard disagree there.

7

u/ps1 1d ago

No, this is meant as a contrast against federal AG actions.

7

u/pppiddypants North Side 2d ago

800K prices fixed… I mean priced! In Washington.

They’re not a monopoly! They just act like one…

5

u/SuccessfulCandle7095 1d ago

I’m so glad I downgraded last month.  I now pay $650/month for a studio apartment in West Central.  I have my own entry, my own bathroom, and my own kitchen.  I also have an off-street parking spot.  I previously lived in Spokane Valley and was paying $1100/month for a one bedroom apartment.  I got sick of being rent-raped every month!  And now I can walk 3 blocks to work with no more driving commute!  

4

u/Barney_Roca 1d ago

So gross. It makes me sick. Over and over again the Lord of the land is catered to while the poorest among us have the greatest burden forced upon them over and over again.

2

u/infused_frequency 21h ago

Eventually, we become rabid. 🤷‍♀️

3

u/WearyAsparagus7484 2d ago

Capitalism at its finest, folks

6

u/ShdwWzrdMnyGngg 1d ago

Unregulated capitalism at its finest.

2

u/missconceptions West Central 2d ago

We keep bending over and taking it....

2

u/Fluid_Feed8730 2d ago

Every single walk of that has any sort of personal information online. Will have instantly become a digital commodity. The DATASPHERE a digital gold mine.

2

u/scifier2 2d ago

That is price fixing at its finest.

2

u/Barney_Roca 1d ago

These kind of practices will spread beyond housing into other sectors and those algorithms will be replaced with AI.

1

u/CrunchAndRoll 1d ago

If I'm elected to the 5th, I'll help sponsor and pass legislation to ban this obvious price fixing.