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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

Categories

  • Likely
  • Unlikely

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