What are some of the economic effects of rent controls

Reference no: EM133232765

Assignment - Rent Controls Paper

Description - Suppose that you are the economic adviser to a local government in Central America that has to deal with a politically embarrassing shortage of affordable housing that was caused by rent controls that the government recently imposed. Your first suggestion is to get rid of the rent controls. Explain how and why rent controls (price ceilings) distort markets and what are some of the economic effects of rent controls.

Since the politicians are unwilling to get rid of the rent controls, they offer you a list of suggestions to make housing more affordable: 1. Government provided housing 2. Tax deductions to renters 3. Tax breaks to construction companies who provide affordable housing. Explain the costs and benefits of each and which option would you suggest?

Reference no: EM133232765

Questions Cloud

Photojournalism and ethics : The last assignment is a formal research paper based on an ethical issue. Examples of topics could include: photojournalism and ethics;

Ethical dilemmas and conflicts are not uncommon : Ethical dilemmas and conflicts are not uncommon in the profession of nursing, and they involve the necessity of deciding between two actions.

Cultural diversity in society : Cultural diversity in nursing has not kept pace with cultural diversity in society.

Instructional strategies for different generations : What are some differentiated instructional strategies for the different generations of baby boomers, generation x, and millennials

What are some of the economic effects of rent controls : Explain how and why rent controls (price ceilings) distort markets and what are some of the economic effects of rent controls

Miscommunication happens : Describe a situation from your own life when you believe this type of miscommunication happened. How might you have influenced a different outcome?

Write a paragraph with a short summary of the experiment : Baby First Year Essay - Write an essay to address the following points - Write a paragraph with a short summary of the experiment and results

What conflict resolution plan : What conflict resolution plan would you put in motion when it involves different employee at the boys and girls club fighting over power in decision making

Self-segmentation lead to increase in fake news : How can self-segmentation lead to the increase in fake news. Why is it hard to identify fake news?

User Account

All Pages