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The Journal of Economic Education Volume 26, 1995 - Issue 3
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Content Articles in Economics

Rent Control with Rent Discrimination in Competitive Markets: Surprises in Elementary Microeconomic Theory

George A. KondorLakehead University, Thunder Bay, Ontario
Pages 245-251 | Published online: 10 Jul 2014
 
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Abstract

Rent control, in combination with rent discrimination that favors poor renters, is shown to benefit landlords and may actually cause output (housing stock) to be greater than that of the perfectly competitive case.

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