Determine the maximum price for rental housing

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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

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