2 ms·

I can ask that we as a society enable people to purchase their own homes. Given around 40% of Americans rent their homes, 3.5% profit is clearly enough to ince

I can ask that we as a society enable people to purchase their own homes. Given around 40% of Americans rent their homes, 3.5% profit is clearly enough to incentivize rent-seeking.

perl4ever 6y ago
"Rent seeking" doesn't literally mean "seeking rent", so when people use it to condemn rent in general, it's just meaningless. It's a technical term. https://en.wikipedia.org/wiki/Rent-seeking https://en.wikipedia.org/wiki/Rent-seeking