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The author of an article in the New York Times providing advice to renters observes that land - lords will always know more than you

The author of an article in the New York Times
providing advice to renters observes that land-
lords will always know more than you do.
a. Do you agree with this statement? If so, what
do landlords know that potential renters
might not know?
b. If the statement is correct, what are the impli-
cations for the market for rental apartments?
c. In what ways is the market for rental apart-
ments like the market for used cars? In what
ways is it different?
Source: Marc Santora, How to Be a Brainy Renter,
New York Times, June 4,2010.

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