Which of the following is a consequence of rent controls established to keep housing affordable for the poor?
A) Less rental housing is available as prospective landlords find it unprofitable to rent at restricted prices.
B) The quality of rental housing declines as landlords lack the funds and incentive to maintain properties.
C) Apartment buildings are torn down in favor of office buildings,shopping malls,and other buildings where rents are not controlled.
D) All of the above are consequences of rent controls.
Correct Answer:
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Q144: Which of the following statements is true
Q145: If an effective price ceiling is placed
Q145: An effective price floor will
A) force some
Q146: Q147: Q148: Ticket scalping implies that: Q151: A binding price ceiling means that: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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A) event sponsors have
A) there