Analyze the pros and cons of rent controls

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More than thousand of US cities have a rent control program. Some analysts argue that rent controls are justifiable from the equity standpoint since society should try to make housing affordable. Others argue that rent controls will distort the housing market and have negative effects in general.
Do you think that rent controls should be implemented? Analyze the pros and cons of rent controls by considering the political, social and economic aspects of the matter.

Reference no: EM13942616

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