(Solved): BHCK TO NSH9 Nment Altempts Average / 1 3. Effects of rent control Rent controls require that la ...

BHCK TO NSH9 Nment Altempts

Average / 1 3. Effects of rent control Rent controls require that landlords set apartment prices below the equilibrium price level. An immediate effect is an apartment rental shortage (excess demand for apartments), because at the regulated price the quantity of apartments demanded is greater than the quantity supplied. " When landlords are prevented by cities from charging market rents, which of the following listed outcomes are common in the long run? Check all that apply. Nonprice methods of rationing emerge. The quantity of available rental housing units falls. The future supply of rental housing units increases. The quatry of rental housing units falls.

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