Question: Watch this video and post. https://www.youtube.com/watch?v=7TRXV-IUOKI https://www.youtube.com/watch?v=Cqj0sgrNL10 I am looking in this discussion to use economic terms likes factors of production, capitalism, Invisible Hand, Positive
Watch this video and post.
https://www.youtube.com/watch?v=7TRXV-IUOKI
https://www.youtube.com/watch?v=Cqj0sgrNL10
I am looking in this discussion to use economic terms likes factors of production, capitalism, Invisible Hand, Positive Externalities, Investing, Equity, Business Plan, Threats, Suppliers, Demanders, Liquidity, Trust, Contracts.
Example: Though rent control does more harm than good, there a still benefits to renters. Besides renters, rent control benefits the neighborhoods where rent control is in place. There is less turnover in apartments/home due to the stability in rent, which leads to more of a community feeling as people are sticking around for longer. The community also benefits from rent control as they have consistency when it comes to patronage at businesses, employees for businesses and children in schools.
However, rent control can negatively effect lower income renters as well. Lower income renters may be looking for an affordable place to stay but cannot find one because rent controlled spaces seem to have tenants that won't move because they are getting such a good deal. Which makes the available spaces much more expensive in comparison.
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