Unit 1 Discussion Board for profdavid - 77662

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  • From: Economics, Microeconomics
  • Due on: Wed 26 Aug, 2015 (06:00pm)
  • Asked on: Tue 25 Aug, 2015
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According to the Wall Street Journal, "Rent control disproportionately subsidizes the affluent. A Harvard University study in the late 1980’s found that rent-controlled apartments were in some of the city's best neighborhoods, that 94% of their tenants were white, and roughly three-quarters of their occupants were families without children." Do you think NYC should maintain rent control? Remember, relate your responses based on the supply and demand materials we’ve covered

I attached a document from the book use it and cite all material from this doc. Mankiw, N. Gregory, Principles of Economics. Mason, Ohio: South-Western. 7th Edition

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