The City Council of Happy Village is thinking about imposing rent controls. If they put rent controls in place, which constituency are they trying to please?
A) Landlords
B) All taxpayers
C) Existing tenants
D) All voters

Question

Quizplus · Accepted Answer

Rent controls are designed to benefit existing tenants by keeping their costs low or fixed. Landlords and taxpayers, on the other hand, may be negatively affected by rent controls because they may receive less income or have to subsidize housing costs for tenants. While the City Council may be seeking to please all voters, the primary constituency that would benefit from rent controls would be existing tenants.

The City Council of Happy Village Is Thinking About Imposing