But at least 80% of the market all operate like the same guy....π
Discussion
No they don't. Each person acts in their own self interest, which is to offer their house to someone else at the highest price someone is willing to pay. What you're implying is that there is some kind of collusion between all landlords to set prices in concert with each other, which is either ignorance or willful misrepresentation
Yes, your first point makes the later.
Group think is real, its not collusion it's just well they can do it so can I.
This is the market.