Who bears the costs of a program to control rents at a maximum level?
A) landlords or owners of housing units
B) consumers who face difficulty moving to a more suitable apartment
C) homeless who cannot find rental units
D) all of these

Question

Quizplus · Accepted Answer

Rent control programs typically limit the amount that landlords or owners of housing units can charge for rent. This can lead to reduced profits or even losses for these individuals. However, consumers who face difficulty moving to more suitable apartments may benefit from lower rents. Additionally, rent control may lead to a decrease in available rental units overall, which can increase homelessness. Therefore, all of these groups may bear the costs of a rent control program.

Who Bears the Costs of a Program to Control Rents