Asked by maisha ahmed on May 10, 2024
Verified
The goal of rent control is to help the poor by making housing more affordable.
Rent Control
Government policies or laws that limit the amount landlords can charge for leasing property to keep housing affordable for renters.
Affordable Housing
Housing units that are reasonably priced and affordable to those with a median household income.
- Analyze the role of rent control as a form of price ceiling and its intended goals.
Verified Answer
JH
Jeannie HeerleinMay 12, 2024
Final Answer :
True
Explanation :
Rent control policies are implemented with the intention of making housing more affordable, particularly for lower-income residents, by limiting the amount landlords can charge for rent, thus helping to ensure that housing remains accessible to a broader segment of the population.
Learning Objectives
- Analyze the role of rent control as a form of price ceiling and its intended goals.
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