Almost all economists agree that rent control
A)has no effect on the rental income of landlords.
B)allows the market for housing to work more efficiently.
C)adversely affects the availability and quality of housing.
D)is a very inexpensive way to help the most needy members of society.

Question

Quizplus · Accepted Answer

Rent control adversely affects the availability and quality of housing because landlords may have less incentive to maintain or improve their properties, leading to deterioration of the housing stock. It can also discourage new construction or investment in rental properties, reducing the overall supply of housing. Additionally, rent control can lead to market distortions and inefficiencies, with landlords potentially discriminating against certain tenants or charging higher prices for non-controlled units.

Almost All Economists Agree That Rent Control