Why might an effective rent control actually increase homelessness in a city?multiple choiceLandlords will build more apartments due to the shortage of affordable housing.More people may move to the area hoping to find a lower-priced apartment.Fewer people will look for apartments in the area due to the shortage of affordable housing.Landlords will make less of an effort to maintain rent-controlled apartments because they receive less rent from these apartments
Question
Why might an effective rent control actually increase homelessness in a city?multiple choiceLandlords will build more apartments due to the shortage of affordable housing.More people may move to the area hoping to find a lower-priced apartment.Fewer people will look for apartments in the area due to the shortage of affordable housing.Landlords will make less of an effort to maintain rent-controlled apartments because they receive less rent from these apartments
Solution
The correct answer is: Landlords will make less of an effort to maintain rent-controlled apartments because they receive less rent from these apartments.
Here's why: Rent control is a type of price ceiling that limits the amount landlords can charge for rent. While this may initially seem beneficial for tenants, it can lead to unintended consequences. If landlords are not able to charge what they believe is a fair market price for their property, they may be less motivated to maintain or improve the property. This could lead to a decrease in the quality and quantity of available housing, potentially increasing homelessness. Additionally, landlords may choose to convert their properties to non-rental uses (like condos or offices), further reducing the supply of rental housing.
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"Having a home is a basic human need; we all need somewhere to live. For those people within society without a home life is barely tolerable, and for a society (especially a modern welfare state) a continuing problem of homelessness is an indictment of the ability of that society to meet the welfare needs of all its citizens. Yet homelessness remains a significant problem in affluent, welfare, Britain at the beginning of the twenty-first century, with hundreds of people sleeping rough on the streets of towns and cities every night because they do not have a home of their own to go to". (Alcock 2003, p. 73). Which of the following would you submit as part of an essay? Select one option:Question 2Select one:a."Having a home is a basic human need; we all need somewhere to live" (Alcock 2003, p. 73). However, as Alcock (2003) points out, despite the fact that Britain is a wealthy society with an established welfare state, there are still many homeless people living on our streets.b.Having a home is a basic human need; we all need somewhere to live. (Alcock 2003, p. 73). However, even in affluent, welfare Britain, there are still hundreds of people sleeping rough.c. "Having a home is a basic human need; we all need somewhere to live". However, despite the fact that Britain is a wealthy society with an established welfare state, there are still many homeless people living on the streets.
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