1. As demand of city living grows, the supply of housing cannot keep up. In City 255, the rent has gone up a lot in recent year. Some organizations start to campaign for a rent control in the form of setting a price cap on what a landlord can charge or limit the amount of rent can be raised. What can arguments be made about rent control? List two arguments in favor of such policy, and two arguments against it. Write one or two sentence(s) to support each argument. Note that the support can come from either positive evidence or normative statements.