justinapace6263 justinapace6263

13-09-2022
Business

Answered

during and immediately after the second world war, many americans looking for an apartment had to spend weeks or months in an often futile search for a place to live, or else resorted to bribes to get landlords to move them to the top of waiting lists. meanwhile, they doubled up with relatives, slept in garages or used other makeshift living arrangements, such as buying military surplus quonset huts or old trolley cars to live in. all of these happened because:

Answer :

Tutorconsortium322 Tutorconsortium322

15-09-2022

All of these happened because rent control rules prevented house prices from rising as they otherwise would have.

What are rent control rules?

A landlord is only permitted to charge a certain price for renting a property or renewing a lease under a government policy called rent control.
An apartment with rent control has a cap on the amount a landlord can charge for rent.
Government programs determine the cap, and local governments implement rent control regulations. They are not mandatory in all states or towns.
Rent can be kept cheap for individuals who cannot afford a market-rate or above-market-rate house when it is "managed" in this manner, which prevents landlords from arbitrarily raising rent prices year after year.

Learn more about rent control here:

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