In his book “Game of Mates”, Cameron Murray argues that a select group of powerful individuals, aka “mates”, work in collusion to control economic “rents” or favors, leading to a rent-seeking economy. Murray explains that powerful individuals are able to influence government policy to benefit their own interests. These lobbying efforts hinder competition and innovation — hurting the wider population.

(Perhaps conversely) Prof. Dr. Murray abdicates FOR “rent control” measures in our dwellings and habitation. The economic “RENTS”/favors in this case accrue to tenants – and away from landlords/ investors. Dr. Bock, is interviewer, grew up in rent-controlled housing and has a different perspective. What makes investing in real estate open for regulation and redistribution, versus other investments, e.g. in the stock market?

We cover these questions and a few quick “surprise” questions from Prof. Murray’s former advisor Prof. Paul Frijters