There is general agreement among economists that rent controls cause shortages of housing, but despite this rent controls continue to persist.Why does this occur?

Question

Quizplus · Accepted Answer

All three options are contributing factors to why rent controls continue to persist despite their negative economic effects. Many people may not fully understand the impact of rent controls, and those who do benefit from them (such as tenants who pay lower rent) may be resistant to their removal. In addition, property owners may be politically unpopular and face resistance when advocating against rent controls.

There Is General Agreement Among Economists That Rent Controls Cause