Econ Rent Control

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Rent control is only relavent when?

It is

The natural result of a rent control is..?

a shortage. People now can afford it, but there is not enough supplied.

taxes pull the supply curve which direction?

in (left) meaning we will get less of it and pay more

Rent control come into being when...?

market rents are rising quickly

who looses from rent control?

people who loose apartments, and landlords who make less money renting

Rent control is a form of a...

price ceiling

Is there deadweight loss with rent control?

yes


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