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Peer reviewedShepherd, A. Ross; McDonald, John F. – Journal of Economic Education, 1997
Questions the recently developed arguments (per George Kondor and R. Arnott) that rent controls can increase the quantity of housing supplied. Maintains that tenant favorable regulatory programs constrict profit, mobility, development, and construction. Argues that any subsequent increases in housing are due to price discrimination. (MJP)
Descriptors: Causal Models, Compensation (Remuneration), Economic Development, Economics Education
