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.
Instructions:
Use the APA format to write your paper and make sure that it is double-spaced and does not exceed three pages in length.( Also, it should not be less than two pages.)
You have the opportunity to resubmit your paper after making the necessary changes to your initial draft based on the comments and feedbacks from your professor. The initial draft will be graded and if you are satisfied with the grade you received no further action will be required on your part. There is a ceiling of 10 percentage points that may be added to your revised work.