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tshaddoxlast Wednesday at 10:17 PM3 repliesview on HN

> Landlord, or property management, is a job, same as any other job you might have.

Let's ignore property management for now and focus on landlords (i.e. people who own homes and collect rent from the people who live in the homes). That is very much not the same as any other job. Most jobs do not consistent entirely of literally rent-seeking.


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potato3732842last Thursday at 1:59 AM

>Most jobs do not consistent entirely of literally rent-seeking.

First off you're using "rent seeking" wrong, it's a specific economic term that means something else.

But using your definition....

There's entire industries built around renting capital investments. Sometimes purely, like rental equipment. Sometimes the investmentents are so expensive they come with the labor to operate them (the way many buildings have a building manager and a desk person). Many industrial transactions are structured basically the same way as commercial rent.

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Plasmoidlast Wednesday at 11:01 PM

Let's expand on this.

People assume that renting out property is rent-seeking literally only because they both have the word rent in them.

I would note that people don't use the word rent-seeker (or parasite) when it comes to banks renting out money. I assume this is partly because banks use the word `loan` and partly because referring to bankers as parasites would be a little too close to dog-whistle antisemitism.

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triceratopslast Wednesday at 11:49 PM

> people who own homes and collect rent from the people who live in the homes). That is very much not the same as any other job.

Why are you thinking of it as a job? Is putting money into the stock market a job? Owning property to rent out isn't a job, and that's perfectly fine. People make money off non-jobs all the time.

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