Consider rent control policies in the rental housing market and the negative aspects of this government intervention. Using what you have learned about DWL and welfare analysis; specifically discuss efficiency concerns as a result of the intervention. You may have already discussed DWL in the rough draft, but you should elaborate on that discussion and really focus on what causes the DWL and in what ways is the loss generated, exactly who is impacted and how; give specific examples.

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Lease control strategies while frequently carried out fully intent on shielding tenants from rising housing costs can prompt a few unfortunate results in the rental housing market One of the essential ... View the full answer