This depends on whether a human or a computer is setting the prices. I once lived in an apartment complex that had management software setting the prices, and one time when I got my lease renewal offer I checked the apartment's website and found another apartment that was basically the same for $150/month less. I asked if I could get that rate on my current apartment, but was told by the manager that there was nothing they could do. So I moved from one apartment to another in the same building.
Both sides lost - I had to spend the time and effort to move and they now needed to spend time and money to prep another apartment for rent - but I suppose the pricing algorithm takes this into account and figures that in aggregate the apartment complex still comes out ahead by continuing to squeeze people that don't want to move.
Both sides lost - I had to spend the time and effort to move and they now needed to spend time and money to prep another apartment for rent - but I suppose the pricing algorithm takes this into account and figures that in aggregate the apartment complex still comes out ahead by continuing to squeeze people that don't want to move.