Who is most likely to benefit from rent controls?
A) Consumers who are able to obtain apartments at the controlled rents
B) Consumers who are unable to obtain apartments at the controlled rents
C) Landowners who can lease the apartments at the controlled rents
D) The government that controls the rents

Question

Quizplus · Accepted Answer

Rent controls benefit the consumers who are able to obtain apartments at the controlled rents as they can save money and have more affordable housing options. Consumers who are unable to obtain apartments at the controlled rents may not benefit as they might face a shortage of available units or long wait times for available units. Landowners may not benefit as much as they may not be able to charge market rates, meaning they may not earn as much income. The government may benefit in terms of social policy, but they may not benefit financially as much as they do not have a direct stake in the rental market.

Who Is Most Likely to Benefit from Rent Controls