Show in an economic model how rent control could affect the housing market, and compare that policy to alternatives such as a free market for housing or subsidized housing for low-income families.

Show in an economic model how rent control could affect the housing market, and compare that policy to alternatives such as a free market for housing or subsidized housing for low-income families.

If you were studying housing in New York City, you could share some information on the cost of renting an apartment and the number of apartments available. In the paper, you will describe the social issue with economic data and the concepts you have learned in class. For instance, if you were studying housing in New York City, you could share some information on the cost of renting an apartment and the number of apartments available. You could show in an economic model how rent control could affect the housing market, and compare that policy to alternatives such as a free market for housing or subsidized housing for low-income families. The presentation will be an opportunity to communicate and discuss the key points from the paper (in PowerPoint).


 

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