Question

Read the section ""effects of the government rent control.""Does rent control result in a shortage or a surplus?explain.

Answer 1

Financial specialists have indicated that rent control occupies a new venture, which would somehow or another have gone to rental lodging, toward greener fields greener as far as customer need. They have exhibited that it prompts lodging decay, fewer fixes, and less upkeep.

Rent control is enactment, across the parts, at the city level in America, that cutoff point how regularly and how much leases can be raised. In individual states, lease control is nonexistent. In others, it is pervasive.