The rationale for rent control is that it protects moderate- to low-income families from the burden of rapidly rising rents and from eviction if they are unable to pay.It also prevents landlords from reaping windfalls as property values rise.Opponents note that rent controls usually lead to a reduced supply of rental housing and shortages.The proponents of rent controls support them primarily on the grounds of
A)efficiency.
B)equality.
C)externalities.
D)cost disease of services.

Question

Quizplus · Accepted Answer

Rent control is primarily supported on the grounds of equality, as it aims to protect moderate- to low-income families from rapidly rising rents and eviction. It does not have much to do with efficiency, externalities, or cost disease of services. However, opponents argue that rent control can lead to reduced supply of rental housing and shortages.

The Rationale for Rent Control Is That It Protects Moderate-