Why is rent control not found in cities such as phoenix


Problem

Rent controls are found in cities such as New York and Santa Monica, California, where land prices are at a premium and the city is relatively built-out (very little vacant land remains). Why is rent control not found in cities such as Phoenix, Arizona, or Denver, Colorado?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why is rent control not found in cities such as phoenix
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