The question of rent in economic theory is rather complicated, even at the level of its definition. This article … attempts to get back to basics in order to clear things up and present a complete and correct theory of rent. Starting with the … classical definition of rent, as an income earned by the owner of non-produced inputs, it clarifies first the definitions of the …

, implying that the poor choose a higher housing expenditure share, being compatible with Schwabe's Law of Rent. We examine at … at dampening the growth of housing costs. Abolishing zoning regulations triggers a slower rent growth and reduces wealth …