Efficiency and Government Price Setting

"Landlords cannot be allowed to raise rents to whatever theywant, whenever they want. We need national rent control."

— Bernie Sanders

"Rent control is one of many tools that local jurisdictions canuse to promote access to affordable housing."

— Pete Buttigieg

Please discuss these narratives using the information you obtainfrom Chapter 4 and any additional readings you will find andconsider who will benefit and lose from this governmentintervention.

Your explanations should consider the effects of rentcontrol in terms of availability of houses, rental prices of thehouses, the quality of rent-controlled housing, and other factorssuch as diversity issues and/or benefits/harm to disadvantagedgroups.

Minimum 300 words.