Question
#16 1.What is a 'price ceiling,' exactly?2.What is 'pure' rent control, in theory?3.What are the GOALS of a 'pure' rent control law, or ordinance?I mean,
#16
1.What is a 'price ceiling,' exactly?2.What is 'pure' rent control, in theory?3.What are the GOALS of a 'pure' rent control law, or ordinance?I mean, why would a city government PASS a 'pure' rent control law in the first place?What are the goals?4.A. In theory, why does the implementation of 'pure' rent control fail to achieve those goals?What "goes wrong," in theory? 4. B. In theory, what happens to the Supply Curve and the Demand curve one year after a pure rent control law has been put into effect?5. A. How do the 'four alternative forms of allocation' manifest themselves in a city with 'pure' rent control, in theory? 5. B. What, exactly, is "black market" activity?How can it harm society, in theory?6. Why do most cities that CLAIM they have 'rent control" end up allowing the landlord to raise the rent 5% a year or 7% a year?Doesn't this undercut the goals of any rent control law??7.Some cities are imposing a true 'ceiling' or cap or 'freeze' on rents during the pandemic.Is this a good idea?Why?8.Should our state outlaw all evictions during the pandemic?Why or why not?(I guess you can tell I REALLY CARE about this one!!!)
#17
1.Once again, quickly, what are the goals of rent control?Please list and discuss TWO ALTERNATIVE PROPOSALS to achieve the same goals that rent control laws try to achieve.2.Please argue for and against each proposal that you discussed in question 1:What are the strengths and weaknesses in each proposal, in theory?Why are both proposals superior to 'pure' rent control in helping tenants, at least in theory?3.How would you describe the relationship between a tenant and her landlord?Usually, which party has the 'upper hand'?Which party is wealthier, typically?4. My friend's daughter was contacted by her landlord.He is lowering her rent 75% during the pandemic---but she has to pay the remainder back LATER.This sounds very generous, but, long term, how does this change the issue?5.WHAT IS THE ISSUE HERE?IF A PRICE FREEZE IS NOT A GOOD IDEA IN THE LONG TERM, THEN WHAT SPECIFIC ACTIONS WOULD YOU TAKE IN ORDER TO IMPROVE THE LIVES OF TENANTS?WHY?
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