Yes, its just price fixing, bypassing laws by using 3rd party tools.
And with no increase in supply and the increase of people needing housing, the prices can go only go higher. Infrastructure designed for populations 30-50 years ago, city planning didn't foresee the need for the public transportation and housing needs for these mega cities.
And then the increase in local taxes to try to compensate for the mass costs, and hurting the current tax base, is a major issue.
Top if off with the increasing inflation and interest rates which is also compounding the situation.
And with no increase in supply and the increase of people needing housing, the prices can go only go higher. Infrastructure designed for populations 30-50 years ago, city planning didn't foresee the need for the public transportation and housing needs for these mega cities.
And then the increase in local taxes to try to compensate for the mass costs, and hurting the current tax base, is a major issue.
Top if off with the increasing inflation and interest rates which is also compounding the situation.