Rent control laws are implemented to limit the exercise of private bargaining power.

Question

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Rent control laws are meant to regulate the rental market and limit the power of landlords to charge exorbitant rent prices. This is done to protect tenants and provide affordable housing options. By imposing restrictions on rent increases and eviction, governments intervene in the private bargaining power of landlords and tenants.

Rent Control Laws Are Implemented to Limit the Exercise of Private