Determine the maximum price for rental housing

Reference no: EM13187436

Suppose that college students in your tow persuaded the town council to enact a law settings the maximum price for rental housing at $400 per month. Will this help or hurt college students who rent housing? In your answer, address how this price ceiling will affect

(a) the quality of rental housing;

(b) the amount of rental housing available;

(d) the amount of racial, gender, and other types of discrimination in the local rental housing market;

(e) the ease with which students will be able to find housing, and, finally;

(f) whether a black market for housing would develop.

Reference no: EM13187436

Questions Cloud

How many units will actually be rented each month : Suppose that a new government is elected that wants to keep out the poor. It declares that the minimum rent that can be charged is $2500 per month. If the government can enforce that price floor, will there be a surplus or a shortage Of how many u..

State all assumptions and find 90% confidence interval : A car rental company is interested in the amount of time its vehicles are out of operation for repair work.

Sedimentary rocks and soil term : Choose the proper listing of detritus terms, going from smallest to largest of the words offered. Sedimentary rocks can form

What is the expected cost to the company : What is the Expected cost to the company for next year and the CFO wants to set a budget amount that we have a confidence level of 85% that we won't go over budget. What figure should be used?

Determine the maximum price for rental housing : Suppose that college students in your tow persuaded the town council to enact a law settings the maximum price for rental housing at $400 per month. Will this help or hurt college students who rent housing In your answer, address how this price ce..

Find the equation for the plane tangent to the paraboloid : Find the equation for the plane tangent to the paraboloid z = 2x2 + 3y2 that is also parallel to the plane 4x - 3y - z = 10

What is the probability that his balance will be negative : What is his expected cash balance at the end of the following May and what is the probability that his balance will be negative in one or more month?

What is the expected monetary value : Construct a Decision Tree for this problem and answer the following questions - Should you accept the wager and what is the Expected Monetary Value?

What will happen to the price of premium coffee : Everyone's Gasoline Problem. We are all familiar with fluctuating prices of gasoline at the pump. Why does this happen? Research the recent history of gasoline pricing in your area, and attempt to relate any fluctuations you observe to documented ..

User Account

All Pages