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this post was submitted on 06 Sep 2023
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Cost of apartment if landlord would not participate in bidding. For person it would be 10%, not 100%.
It wouldn't, because a landlord proxies tenants' bidding.
It's funny, I had some course (or maybe it was after class activity) for one year called don't remember what in school (2 different things, one kinda economics, one kinda sociology), we'd basically roleplay political systems and economic systems.
It'd give you the correct answer very quickly. Only you need a group of 20+ who are not all friends (like in a class).