Re:Can the West’s perplexing employment miracle continue?
by Workaccount2 on Monday March 06, 2023 @10:09AM
(#35041876)
To be fair, I'm sure those investors are NIMBYs for new housing.
But I agree with your point.
Rent-seeking is an activity where the perpetrator creates legal barriers that result in them collecting money without providing anything of value.
Many people hate on landlords, but unless they’re also actively restricting new supply, they’re not rent-seeking as the term is defined.