this post was submitted on 01 Apr 2024
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So there is absolutely no value to let someone else have a place to sleep safely?
No, there is no "value" being created by it. Value isn't a representation of "good" or "bad," but an expression of inputs and outputs, the inputs being labor and natural resources, and the outputs being Value itself.
The idea that someone can rent out housing and yet never lose ownership of the principle and thus perpetually gain money simply because they had more money in the beginning creates no new Value, and is thus rent-seeking.