6 ms·
Collecting rent maps exactly to that definition.
by dmurvihill 3mo ago
Collecting rent maps exactly to that definition.
- verteu 3mo agoIt does not, as explained in the section "Are Landlords Rent Seekers?" "Rent seeking" is more about making money by changing the rules instead of providing a service.
- vlovich123 3mo agoNo, if you charge rent but aren’t actually investing meaningful capital in the property (most apartment building landlords do not in my experience), then that meets the definition of rent seeking. From Wikipedia: > Rent seeking, according to the Georgist, does not include those persons who have invested substantial capital improvements in a piece of land, but rather those who perform their role as mere titleholders.
- verteu 3mo ago> Rent seeking, *according to the Georgist* Only Georgists believe that. And it's the rent of the "bare land", not including the housing constructed on it.