The famous Swedish economist Assar Lindbeck remarked in his book on rent controls, Rent control appears to
Question:
a. How does imposing rent controls affect the number of housing units available to low-income families?
b. Under rent controls, can all low-income families get rent-controlled housing?
c. Who gains from rent controls? Who loses?
d. Why would Professor Lindbeck think rent controls are destructive?
e. Can you think of an alternative policy to make plenty of housing available to low-income families that would not be subject to the problems of rent controls?
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Related Book For
Managerial Economics Foundations of Business Analysis and Strategy
ISBN: 978-0078021718
11th edition
Authors: Christopher Thomas, S. Charles Maurice
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