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Rent controls tend to cause persistent imbalances in the market for housing because
Functioning
The action of working or operating in a proper or particular way.
Culture Change
The dynamic process through which the beliefs, values, norms, and practices of a particular group evolve over time.
Global Culture
The diffusion of a single culture throughout the world.
Cultural Hegemony
The dominance of one cultural group or its beliefs and values over others, leading to societal norms that marginalize alternative perspectives.
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