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Home › Bihar Board Class 12 (Arts) › Economics › Simple Applications of Tools of Demand and Supply › What do most economists say rent control does to…

What do most economists say rent control does to housing?

ARaises quality and quantity
BReduces quality and quantity
CHas no real effect on them
DDoubles new construction
Answer & Solution
Correct answer: B. Reduces quality and quantity
Capped rents weaken landlords' incentive to maintain or supply rental units.
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