One of the Major Long-Term Effects of Rent Controls in New

question 42

Multiple Choice

One of the major long-term effects of rent controls in New York City has been

• A) an increase in the average size of an apartment.
• B) the creation of above-average profits for landlords.
• C) the creation of surpluses of affordable housing units.
• D) a rapid increase in the rate of New York's population growth.
• E) the abandonment of buildings, reducing the number of rental units available to consumers.

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Definitions:

Competitive

Having a strong desire to be more successful than others, often characterized by pursuits where winning is the primary objective.

Ambitious

Having a strong desire for success or achievement, often requiring determination and hard work.

Dethronement

A psychological phenomenon that occurs when a child loses their exclusive attention due to the arrival of a sibling, impacting their behavior and development.

Behavior Problem

A pattern of disruptive or unacceptable behavior that often leads to conflicts or difficulties in social, academic, or work settings.