Rent-seeking of old was a ground rent, monies paid for the land without considering the building that was on it.
Residential rents today often have implied warrants because of modern law, so your landlord is essentially selling you a service at a particular location.
Actually you're saying similar things:
Rent-seeking of old was a ground rent, monies paid for the land without considering the building that was on it.
Residential rents today often have implied warrants because of modern law, so your landlord is essentially selling you a service at a particular location.
thanks!
Rent seeking refers to https://en.wikipedia.org/wiki/Rent-seeking
Yes I know that, read your sibling post
Two different "rent"s.
Not really see your sibling post