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by franciscop 564 days ago
Rent seeking is NOT the same as renting, otherwise we would not need a new word for it. Rent seeking is particularly abusing the ownership position or power to obtain rent, not just rent:

> "Rent seeking: the fact or practice of manipulating public policy or economic conditions as a strategy for increasing profits."

1 comments

Owning 900 domains hoping for them to be rented is "rent-seeking"

A simple test:

Would all of FolioHD's domains being rented benefit their business or not?

They are subsidizing the cost of buying those 900 domains into their overall pricing as a line item.

Now the registrar is trying to push out squatters. Sounds like the housing and renting markets. Insert surprise Pikachu face.