An alternative to rent-control laws that would not reduce the quantity of housin
ID: 1168428 • Letter: A
Question
An alternative to rent-control laws that would not reduce the quantity of housing supplied is:
a. the payment by government of a fraction of a poor family's rent.
b. higher taxes on rental income earned by landlords.
c. a policy that prevents landlords from evicting tenants.
d. a policy that allows government to confiscate residential property for the purpose of commercial development.
a. the payment by government of a fraction of a poor family's rent.
b. higher taxes on rental income earned by landlords.
c. a policy that prevents landlords from evicting tenants.
d. a policy that allows government to confiscate residential property for the purpose of commercial development.
Explanation / Answer
A is the only answer
This option is already practiced in many countries.
All other options are rather confrontational, Remember governments cannot make any money by confronting with groups of people from our own society, They only other way around is to subsidize the rental by paying part of rental,
Beside rental income is something the owner recieves by paying all mandotary taxes like property tax etc, Over years home owners too contribute significantly to government revenues. So there is nothing wrong in paying them back little extra money,.
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