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DochEvi [55]
3 years ago
7

Supporters of rent control say that it _____ the price of renting an apartment. raises

History
1 answer:
elena55 [62]3 years ago
3 0

Answer:

Lowers

More money

Explanation:

Supporters of rent control argue that Controlling rent prevents owners from speculating with the price of renting and keeps the rents close to rea income. Think of the new services like Airbnb, an owner might feel that she can get more money by turning an apartment into an Airbnb than renting it to a working family. Without control, rents can then easily go wild, as more and more owners try to turn their apartments into touristic flats, pricing out people with lower incomes.

Supporters of minimum wage argue that it protects the lowest earners and ensures that people make a minimum amount of money. It also means that no matter how many people compete for the same position, the employer cannot lower the price, and therefore nobody can underbid another person for a job.

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