Explain rent control and exactly how it corrects problems

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Question - Consider the reasons why the market for rental housing is not free in all areas of the US. Be sure to specifically discuss equity concerns as well as other implications for the economy.

Discuss current government-mandated rent control in the rental housing market in parts of the U.S. Describe this market - comparing the free market and rent control in a graph

Explain rent control and exactly how it corrects the problems of the free market.

Also other ways the government intervenes in the rental housing markets in the US or elsewhere in the world. Explore the policies that are currently implemented across the country and the globe

How these policies fare in terms of the efficiency vs. equity debate.

Reference no: EM133276588

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