The effects of rent control in the long run include lower rents and lower-quality housing.

Name: The effects of rent control in the long run include lower rents and lower-quality housing.
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Rent control can lead to lower rents in the short term but often results in lower-quality housing over the long run because landlords may not have the incentive or resources to maintain and improve properties when their rental income is artificially capped.

The Effects of Rent Control in the Long Run Include