Single family homes should be required to be owner occupied, end of story. People in the US and abroad are instead treating them like Pokemon cards.
Although I do agree we would be better off with fewer single family rentals, that number is definitely not zero.
You've used this term several times in this thread, but it does not mean what you seem to think it means.
Are you sure [1]?
> My line of thinking is around Rent seeking (or rent-seeking) is an economic concept that occurs when an entity seeks to gain added wealth without any reciprocal contribution of productivity.
and
> That said, it’s possible for landlords to engage in rent-seeking behavior.
So, I understand that rent in rent seeking is not and nothing to do with 'rent payments', so to speak.
It's more a question of are landlords trying to extract value without producing anything. My opinion is, in many cases, yes.
Especially someone like Invitation Homes, who essentially aim to corner a particular housing market for the sole purpose of extracting additional money from said units.
If this is not considered rent seeking behavior, I'll cede that point.