Under rent controls
A) apartments tend to be nicer than they would be under freely competitive markets.
B) landlord-tenant relationships are more harmonious than under freely competitive markets.
C) the quantity demanded of rental units is less than it would be under freely competitive markets.
D) the number of rental units available for rent is lower than under freely competitive markets.

Question

Quizplus · Accepted Answer

Rent controls lead to a decrease in the number of rental units available for rent, as landlords are less incentivized to invest in and maintain their properties under government-mandated rent control policies. The decreased supply of rental units can result in reduced options for renters and potentially higher prices for those able to secure a rental unit.

Under Rent Controls