Why are apartment owners less responsive to tenants' concerns about housing quality under rent control

Question

Quizplus · Accepted Answer

Under rent control, apartment owners may have less incentive to maintain or improve the quality of their buildings because they cannot raise rents to cover the costs. However, they can still convert their buildings into condos and sell them for a profit. This can lead to a lack of investment in maintenance and repairs, and a decrease in housing quality for tenants.

Why Are Apartment Owners Less Responsive to Tenants' Concerns About