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    History of Rent Regulation

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    Please help with the following questions.

    Why would the city of New York elect to impose rent control, or a price ceiling on rent? Is it strictly a move to accommodate a diverse socio-economic demographic? Do tenants who occupy rent controlled buildings with a consumer surplus deserve to live there?

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    https://brainmass.com/economics/legislation-regulation/history-rent-regulation-428024

    Solution Preview

    Questions: Why would the city of New York elect to impose rent control, or a price ceiling on rent? Is it strictly a move to accommodate a diverse socio-economic demographic? Do tenants who occupy rent controlled buildings with a consumer surplus deserve to live there?

    Solution:

    Refer to "History of Rent Regulation: Rent regulation after 50 years". ...

    Solution Summary

    The History of Rent Regulation is traced in this solution. The solution discusses why the city of New York would impose rent control, and explains whether it is strictly a move to accommodate a diverse socio-economic demographic. It explains whether tenants who occupy rent controlled buildings with consumer surplus deserve to live there.

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