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joeplace

(5 posts)

4. Profit without a corresponding cost of production?

Reply to dhpgetsit (Original post)

Tue Jan 17, 2012, 12:59 PM

Jan 2012

How does modern rental not have a cost of production? The land as a value which is not very liquid especially in this market. There are taxes on the property which must be covered before any profit can be had and there is upkeep and liability. Given the fact that the value of the real estate is probably still going down, I don't know why most landlords continue in the business.

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Time to resurrect an old idea: Economic Rent [View all] dhpgetsit Jan 2012 OP

So conflating capital and land in favor of capital is bad. Igel Jan 2012 #1

In today's world dhpgetsit Jan 2012 #2

Stock Market maddogg41283 Jan 2012 #3

The computer-aided high-speed trading is the new rent-seeking meow2u3 Jan 2012 #8

The historical synopsis was interesting for context. PETRUS Jan 2012 #7

Profit without a corresponding cost of production? joeplace Jan 2012 #4

You misunderstand the term. PETRUS Jan 2012 #5

Land Value maddogg41283 Jan 2012 #6

The best definition of economic rent is this meow2u3 Jan 2012 #9