In an unregulated housing market with no rent ceiling,the rent is determined by the
A)landlords only.
B)tenants only.
C)government only.
D)market.
E)landlords,tenants,and the government.

Question

Quizplus · Accepted Answer

In an unregulated housing market with no rent ceiling, the rent is determined by the market forces of supply and demand. Landlords will charge what they believe tenants are willing to pay, and tenants will choose whether or not to pay those prices based on their own evaluation of the value of the housing. The government does not play a direct role in setting rents in this scenario, and tenants do not have the power to unilaterally dictate rent prices.

In an Unregulated Housing Market with No Rent Ceiling,the Rent