Re:ARM founder says Softbank deal is 'sad day' for UK tech
by roel_v on Tuesday July 19, 2016 @07:39AM
(#12121124)
Despite having linked to literally the first google hit on 'rent seeking', you obviously don't even know what it means.
Re:ARM founder says Softbank deal is 'sad day' for UK tech
by DominikR on Tuesday July 19, 2016 @07:31AM
(#12121089)
Did you care to read the content of the link you posted?
Because then you'd know that housing is not rent-seeking by this definition as there clearly is a contribution to productivity.
Houses have to be built, maintained, developed and advertised on the market. And there are a lot of risks in this business.
Re:ARM founder says Softbank deal is 'sad day' for UK tech
by wavefunction on Tuesday July 19, 2016 @12:58PM
(#12122927)
Housing ownership _can_ be rent-seeking, as long as rentier behavior is applied to the stock.
For example, home-owners in San Francisco who actively prohibit new construction are rent-seekers.
[0] https://en.wikipedia.org/wiki/Rent-seeking