Imagine a city with a severe housing shortage, leading to skyrocketing rental prices. The city government decides to implement a strict price ceiling on apartment rents, capping them at a level significantly below the market equilibrium rent. Analyze the potential consequences of this price ceiling on both renters and landlords in the short term. Draw supply and demand diagrams to illustrate your points and discuss any potential unintended outcomes. Additionally, consider whether this policy is likely to address the housing shortage effectively