Economists in general agree that rent controls are:
A) an efficient and equitable way to help low-income families.
B) an inefficient and ineffective way to help low-income families.
C) an efficient method of dealing with the supply of rental units but don't provide relief for low-income families.
D) not very efficient but still a good way to solve the problem of low income.

Question

Quizplus · Accepted Answer

Most economists agree that rent controls create shortages and reduce quality in the housing market. This is because landlords have less incentive to maintain and improve their rental properties since they cannot increase rent prices. As a result, low-income families may find it even harder to secure affordable housing.

Economists in General Agree That Rent Controls Are