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 …

The gap between market rent and the price of shelter was 6.6 percent larger in December 2023 relative to December 2019 … this question. When there is a positive market-shelter gap, the price of shelter grows faster and market rent grows slower … until the gap closes, which takes about five years. Faster shelter‐price growth and slower market‐rent growth each explain …

overcrowding. We provide evidence that Scottish workers generally spent their rent reduction entirely on food, rather than saving. …

industries high rent and overcrowding are more prevalent. Within cities, but not between cities, variations in infant mortality …