Government may hold down the price of apartments with

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08-04-2019
Business

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Government may hold down the price of apartments with

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MrsTriplet MrsTriplet · Answer 1 · 2019-04-10T17:08:04+02:00

Answer: Government may hold down the price of apartments with rent control.

Explanation: Rent control happens when the government decides to regulate the price that a person or organization is able to charged for rented housing. When a rent control is placed on an apartment or house, it acts as a price ceiling and protects the consumer so that the person renting the property can not take advantage of the rental price.