What are the two basic features of the filtering model

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Question: While holding everything else constant, describe the bid rent function for a large household in comparison with that for a small household.

Discuss the elasticity of housing supply.

What are the two basic features of the filtering model?

What is exclusionary zoning? Provide an example.

The winners from rent control are the consumers who manage to get one of the rent-controlled dwellings at the artificially low price. The gains of the occupants are diminished by three responses to rent control. Discuss two of them.

Reference no: EM133344092

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