[gruez]

>So, renting out a home. Just the manipulation of social and political environment has already been done. Rent sought, not rent seeking.

That makes sense for the land, but not so much for the actual structure that sits on top. The land is going to exist no matter what. the same can't be said of the apartment building .

[kennywinker]

That’s the “without creating new wealth” part of the definition of rent seeking. Now, I’ve lived in a lot of rentals in my life - and not one of my landlords built the home they were renting out. Most or all of those homes had the cost of building them paid off decades ago.