Faisal Chaudhry on Property as Rent
In this episode, Faisal Chaudhry, Assistant Professor of Law & History and Hanley Institute Sustainability Scholar at the University of Dayton, discusses his article "Property as Rent," which will be published in the St. John's Law Review. Chaudhry begins by explaining the differences between the classical and neoclassical economic concepts of rent. He reflect on how the economic concepts of rent and property changed. And he explains why the classical concept of rent and property can help us better understand the existing securitized market for real estate and how to fix it.