Coastline Home - cccd.edu x - Writing Assignment 6: Rent Cont *Cult_Assignment_4.docx X C A coastdistrict.instructure.com/courses/88724/assignments/1587775 DEN WEST CORI GWC = ECON110-23092 (ONL) > Assignments > Writing Assignment 6: Rent Controls and Housing Subsidies Fall21 Golden West Writing Assignment 6: Rent Controls and Housing Subsidies Account Home Due Sunday by 11:59pm Points 20 Submitting an external tool Available Oct 4 at 12am - Oct 10 at 11:59pm 7 days Syllabus Dashboard Announcements Answer the following questions based on the Reading: Bankrupt Landlords, from Sea to Shining Sea and the housing subsidies podcasts in Module 6: Modules Courses 1. Consider an apartment would rent for $2000 but the government restricts the rent to $700. What are the three adverse effects of implementing rent controls? Use a supply and demand framework to explain these Assignments impacts in the market. Calendar Discussions 2. Using the numerical example in question 1, explain where the size of the monetary payments from subsidies or "key-money payments" made to landlords come from. Eh Grades Inbox 3. If the government uses a subsidy to pay the difference between the lower rent price and the equilibrium price, such as with section 8 housing, what problem of rent control is avoided? Which problem still persists and BigBlueButton (Conferences) why? History 4. Consider using tax breaks as a subsidy to build new public housing units. What impact should this have in the market? Explain using a supply and demand framework. Student This tool needs to be loaded in a new browser window Services Load Writing Assignment 6: Rent Controls and Housing Subsidies in a new window ? Canvas Help K 68 F Mostly clear ~ 9 3 7() 8:54 PM Type here to search O 10/5/2021 18