4 ms·
"Rent seeking" has nothing to do with housing. It is about manipulating the environment (legislative, market, etc), so you get a cut from a transactions. E.g. m
by vetinari 5y ago
"Rent seeking" has nothing to do with housing. It is about manipulating the environment (legislative, market, etc), so you get a cut from a transactions. E.g. make a state-mandated standard, that others have to license and profiting from such a licensing is the "rent".