Business, 05.02.2021 22:00 joeljuarez128oyusun

In cities around the country, the government provides assistance to families with low incomes to rent apartments at prices capped by the U. S. Department of Housing and Urban Development (HUD), essentially setting a price ceiling on apartments. These designated apartments tend to rent quickly, and tenants are less likely to move once they find an apartment. How are incentives by landlords affected in terms of maintaining rent controlled and non-rent-controlled apartments? A. Rent controls will cause a surplus of apartments and drive the prices of non-rent controlled apartments down.

B. Rent controls will cause a surplus of apartments and drive the prices of non-rent controlled apartments up.

C. Rent controls will cause a shortage of apartments and drive the prices of non-rent controlled apartments up.

D. Rent controls will cause a shortage of apartments and drive the prices of non-rent controlled apartments down.

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In cities around the country, the government provides assistance to families with low incomes to ren...