Back to Assignment Attempts Keep the Highest no score out of 2/ 2 1. Understanding the forces that determine rental prices and vacancy rates Understanding the forces that determine prices in the market for rental housing involves analysis of the effects of regulatory constraints such as rent controls, job growth, and income growth. As you will see, the theory of supply and demand proves to be very helpful in conducting such an analysis. Some residents at the Huntington Manor Apartments got a huge surprise at the start of the month. Notices affixed to their front doors courteously thanked them for renting in the neat, gated, well landscaped, pet-friendly complex. Then the notices added, effective June 1, their rent would go up by $400 to $600 a month, depending on whether they sign a lease. The on-site manager has warned other tenants in the complex their rent hikes are coming in the months ahead, saying: "It's going to be ugly." No explanation was given, and the manager declined to comment further. Some tenants said they're renewing their leases since the new rents appear to be in line with prevailing rents at other complexes in the area. Others, like retirees Annette