, but they are permitted to accept unsolicited offers.
“It’s an old saying that says the market never lies and the market does what the market will do. If we interfere with that then there will be adverse outcomes,” he said. McKibbin added: “If we deal with rent bidding, or we don’t, it really doesn’t matter. This is one of the points I made earlier about dealing with symptoms of the problem.”
“While I’m a believer in transparency, I just feel as though it’s going to drive prices higher and cause headaches for property managers,” she said.