> Besides, it’s so funny when people use “rent seeking” as a pejorative. Like, yes, the reason my landlord bought this house for a lot of capital up front was that they believed it would be profitable rent it for much smaller amounts for a long time. What, am I supposed to feel entitled to use the house for free?
They mean "rent" the econ jargon, not "rent" the thing you pay to your landlord.
They mean "rent" the econ jargon, not "rent" the thing you pay to your landlord.
See: rent-seeking
https://en.wikipedia.org/wiki/Rent-seeking
It's a bad thing basically by definition.