Who are you paying? Other owners of the apartment? So they put in extra up front so they can rent to you? If so do you get to pay back their initial investment over time? If it’s non profit does that mean they can’t take anything in excess of what they paid or do they get payed x amount over the top?
I’m fine with co-ops generally but when it comes to rentals I just don’t see how you’d make a “not for profit” rental But I mean if someone wants to set one up and prove me wrong that’d be cool. In theory nothing is stopping them
The point being that if company A cuts their price to compete, and company B has an artificially inflated price
Now we have company B with no sales, and are forced to match or beat their competitor
Repeat until the price is fair. This breaks if both companies are co-ordinating with each other and forcing all other competition in line. But that’s a crime and would be regulated