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The local city council passes a law that establishes a maximum rent for apartments in your city. Which of the following is likely to happen?
The local city council passes a law that establishes a maximum rent for apartments in your city. Which of the following is likely to happen? Items(6 items)(Drag and drop into the appropriate area below)
- Housing is more difficult to obtain
- People will want tor rent more apartments
- The demand for apartment will rise or shift right.
- Apartment quality will improve
- More apartments will become available
- Current renters will sublet to others at prices above the legal maximum
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- Likely
- Unlikely
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