... the concerns about price fixing aren't about the velocity at which the prices change, they are about the magnitude of the prices.
From the paper you linked:
> We also find that average rents are higher and average occupancies are lower in markets with greater algorithmic penetration during periods of economic recovery.
> We estimate that the coordination channel results in an average markup increase of $25 per unit per month, impacting about 4.2 million units nationwide.
From the paper you linked:
> We also find that average rents are higher and average occupancies are lower in markets with greater algorithmic penetration during periods of economic recovery.
> We estimate that the coordination channel results in an average markup increase of $25 per unit per month, impacting about 4.2 million units nationwide.