what are the down sides in terms of economic efficiency and social equity?
Rent controls have been used in numerous cities across the US with the aim of avoiding rent increases which force out current tenants. Please
discuss an example of rent controls being used within the Los Angeles region, including some details about how the program functions. While rent
control can be effective in achieving the goal of limit tenant evictions, what are the down sides in terms of economic efficiency and social equity? Please discuss in terms of evidence from the empirical academic literature (i.e. studies that examine real-world data and outcomes