Suppose that college students in your town persuaded the town council to enact a law setting the maximum price for rental housing at $400 per month. Will this help or hurt college students who rent housing? In your answer, address how this price ceiling will affect.

(a) The quality of rental housing; 

(b) The amount of rental housing available; 

(c) The incentive of landlords to maintain their properties; 

(d) The amount of racial, gender, and other types of discrimination in the local rental housing market; 

(e) The ease with which students will be able to find housing; and, finally, 

(f) Whether a black market for housing would develop.