contestada

Which statement(s) is TRUE? I. In the long run, rent-control laws create incentives to turn apartments into hotels or parking garages. II. Apartment owners are less likely to do routine maintenance when the government controls apartment rents. III. Rent-controlled apartments are more likely to be allocated by discrimination than non–rent-controlled apartments.

Respuesta :

Answer:

All the statements are True

Explanation:

Rent controlled apartments are controlled through government policies under which the owner cannot charge the rent from the people acquiring such apartments on rent to pay higher than controlled value of rent.

This clearly, helps the people in getting an apartment on rent, further, the owners do not maintain the apartments properly as they know they will not get any additional benefit of maintaining such apartments.

Also the apartments are allocated based on discrimination methods used by owners, as he knows that the rent is controlled, and he will get the least rent, he prefers to get it rented to a person he desires.

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