Expensive areas by keeping rents artificially

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Reference no: EM13914281

Price ceilings have been used to help renters in expensive areas by keeping rents artificially low. Though this helps some renters, there are costs associated with this practice too. Place a check next to all of the items below that describe possible consequences resulting from rent control. Select all that apply.

-The development of Black Markets

-The requirement of nonrefundable cleaning deposits.

-Reductions in apartment quality.

-An increased emphasis on informal connections in allocating apartments.

-The requirement of nonrefundable key deposits.

-An increased level of subletting.

Reference no: EM13914281

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