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I know exactly what it means, and only 'good landlords' think it doesn't fit.
by silisili 4y ago
I know exactly what it means, and only 'good landlords' think it doesn't fit.
- golergka 4y agoIt means ordinary Americans contributing to their 401k and other pensions plans, mostly.
- tzs 4y ago> I know exactly what it means Are you sure [1]? [1] https://www.investopedia.com/terms/r/rentseeking.asp https://www.investopedia.com/terms/r/rentseeking.asp
- silisili 4y agoI'm open to the idea of being wrong, so please do tell me if so. > My line of thinking is around Rent seeking (or rent-seeking) is an economic concept that occurs when an entity seeks to gain added wealth without any reciprocal contribution of productivity. and > That said, it’s possible for landlords to engage in rent-seeking behavior. So, I understand that rent in rent seeking is not and nothing to do with 'rent payments', so to speak. It's more a question of are landlords trying to extract value without producing anything. My opinion is, in many cases, yes. Especially someone like Invitation Homes, who essentially aim to corner a particular housing market for the sole purpose of extracting additional money from said units. If this is not considered rent seeking behavior, I'll cede that point.