Which of the following is an example of the unfairness of rent control?
A) Racial discrimination in renting is discouraged by rent control.
B) Rich people do not get apartments in these markets.
C) Newcomers have a more difficult time finding apartments.
D) Too many people rent apartments.
E) Voluntary exchange is encouraged by rent control.

Question

Quizplus · Accepted Answer

Rent control can create an unfair advantage for existing tenants, making it difficult for newcomers to find available apartments. This can also result in landlords being less inclined to invest in new housing developments or maintaining existing properties, further limiting the supply of available apartments. This unfairness is demonstrated by option C, where newcomers face greater difficulty finding apartments. Options A, B, D and E are not examples of the unfairness of rent control.

Which of the Following Is an Example of the Unfairness