Examlex
What is meant by the term "free market"?
Rent Controls
Government-imposed maximum rents to cap how much landlords can charge tenants, intended to make housing more affordable.
Rent Control Ceiling
A legal maximum price that can be charged for rental housing, intended to keep housing affordable for tenants.
Effective Immediately
A term indicating that something is to be applied or become operative from the moment it is declared.
Price Ceiling
A legal maximum price that can be charged for a good or service, intended to protect consumers from price gouging.
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