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this post was submitted on 01 Apr 2024
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Asklemmy
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There's no new value being created, the room was created once. Renting it out takes no labor, it isn't a service, it is literally just seeking income from ownership. "Value" isn't some mystical thing, it's a measure of inputs and outputs, and in the case of renting a room out, there are no new inputs.
It becomes Private Property the second you become a landlord and rent-seek. Rather than using it for yourself, you seek value from ownership.
I'm using fairly standard understandings of rent-seeking, pretending that allowing someone else to use something you own via a fee is providing a service is landlord justification, it isn't a service.
So there is absolutely no value to let someone else have a place to sleep safely?
No, there is no "value" being created by it. Value isn't a representation of "good" or "bad," but an expression of inputs and outputs, the inputs being labor and natural resources, and the outputs being Value itself.
The idea that someone can rent out housing and yet never lose ownership of the principle and thus perpetually gain money simply because they had more money in the beginning creates no new Value, and is thus rent-seeking.
Pretty sure you could count not freezing to death, having a space to keep your things safe, health, stability etc as a value output.
Did you read my comment? Value is an output measured by inputs, ie labor and natural resources, not how "desirable" or "good" a concept is.
All of what you listed is absolutely a good thing, but isn't value. Value is used for commodities, not what is individually a good thing.