What are some of the unintended effects of rent control?

a. Rent-control laws incentivize the development of upscale housing instead of low-income units.

b. Rent-controlled units have a high ownership turnover rate. c. More low-income residents are able to find more housing in rent-controlled cities in the long term.

d. Rent control decreases landlords' profits and subsequently lower their incentive to invest in property upkeep.

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Howell

1 September, 14:55

What are some of the unintended effects of rent control?

a. Rent-control laws incentivize the development of upscale housing instead of low-income units.

b. Rent-controlled units have a high ownership turnover rate. c. More low-income residents are able to find more housing in rent-controlled cities in the long term.

d. Rent control decreases landlords' profits and subsequently lower their incentive to invest in property upkeep.

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Ronnie Avery · Answer 1

Answer:. c. More low-income residents are able to find more housing in rent-controlled cities in the long term.

Explanation: Placing a law that keeps rents at stable prices, people with low resources may have more access to obtain a home if rents are not controlled. The offer will be low so prices will be much higher and in this case not everyone will have access to housing