• #139. Rent-Seeking Exposed: Hidden Costs of Modern Life

  • Jul 16 2024
  • Length: 1 hr and 10 mins
  • Podcast

#139. Rent-Seeking Exposed: Hidden Costs of Modern Life

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  • Summary

  • How U.S. government incentives create rent-seeking.

    In economics, rent-seeking is extracting wealth without adding value. Trishul provides data and examples of how rent-seeking has made lives harder. Home prices, healthcare, and education have all increased more than incomes, and rent-seeking is partially to blame. They look at how the U.S. government has incentivized individuals at the expense of society as a whole.

    Episode References
    MMS #26. Practical advice on navigating a dysfunctional healthcare system.
    MMS #85: Real Estate
    MMS #28: Education
    Rent-seeking
    Reuters: Record Home Prices
    Population Demographics
    MLS Lawsuit
    Japan Housing Prices
    Price Elasticity
    Cartel
    South Korea Population Decline

    Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Bay Area Financial Planner with GraystoneAdvisor.com, and Trishul is an East Coast Wealth Manager (InvestingForever.com). MindMoneySpectrum.com and YouTube.
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