Macroeconomics 9th Edition by David Colander

Exercise 19

Apartments in New York City are often hard to find.ne of the major reasons is rent control.Difficult )
a. Demonstrate graphically how rent controls could make apartments hard to find.
b. Often one can get an apartment if one makes a side payment to the current tenant.an you explain why
c. What would be the likely effect of eliminating rent controls
d. What is the political appeal of rent controls LO1, LO3