Research topic and instructions
In this research you will identify 4-5 U.S. cities that have rent control (price ceiling). Discuss the specific policy each city has in place, the purpose of the policy, and for how long it has been in effect.
Analyze the effects of each policy. Use the demand and supply model to illustrate your analysis. The graphs must be your own creation. Don’t copy and paste from external sources.
Do you support or oppose the price control policy implemented by each city? Defend your position based on the analysis your performed earlier and the relevant economic theory discussed in the course.