4 ms·
"a commission on successful deal is the exact opposite of a rent"? When the real estate lobby makes the whole industry a de facto closed shop, the real estate
by alvah 2y ago
"a commission on successful deal is the exact opposite of a rent"?
When the real estate lobby makes the whole industry a de facto closed shop, the real estate agencies themselves are full of middlemen picking each other's pockets, and the commission rate and total amount are far in excess of what you'd expect in a free market, and completely unrelated to any effort or expense on behalf of the agent? Sure, it's the exact opposite of rent seeking /sarc