Examlex
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Price Controls
Government-imposed limits on the prices that can be charged for goods and services in the market.
Rental Housing Market
The segment of the real estate market that involves the leasing or renting of property for residential purposes.
Rent-Control Scheme
A rent-control scheme is a government policy that sets a maximum price that can be charged for rental housing, aiming to make housing more affordable.
Equilibrium Rental Price
The price at which the quantity of rental properties supplied equals the quantity demanded.
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