Explain costs and benefits associated with rent-controls

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Reference no: EM13741341

Read the newspaper article "The Landlords: Two Sides of a Coin" by Diane Wedner in the Los Angeles Times, January 14, 2007.

Use the above article to explain the costs and the benefits associated with rent-controls. Why would some tenants support rent-control laws? Do all tenants in the market gain from rent-control laws? State and explain why most economists are critical of rent-control laws.

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Reference no: EM13741341

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