"Rent seeking"? I'm confused. AirBnB helps price goods closer to their market ra... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

yummyfajitas on Feb 13, 2017 | parent | context | favorite | on: The “Inside Airbnb” project has earned the home-sh...

"Rent seeking"? I'm confused. AirBnB helps price goods closer to their market rate by expanding the market.

If anything, the people who don't want to compete on price with AirBnB are the ones who are rent seeking.

weeksie on Feb 13, 2017 [–]

It's an economics term. https://en.wikipedia.org/wiki/Rent-seeking

yummyfajitas on Feb 14, 2017 | [–]

And you're misusing it.

weeksie on Feb 14, 2017 | | [–]

Sorry mate, I don't think you have a good enough grasp on econ to have this discussion.

Consider applying for YC's Fall 2026 batch! Applications are open till July 27.
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact