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Explain how 'T-I-P-E-N' and 'P-R-E-S-T' cause home prices to fall. Look at the shift of the demand and supply in the market for apartments in your...
Explain how 'T-I-P-E-N' and 'P-R-E-S-T' cause home prices to fall. Look at the shift of the demand and supply in the market for apartments in your area. Rising rents are hurting financially struggling families during the tough economic time. Are you in favor of a rent control (price ceiling)? Why or Why Not? Do you also want the government to impose a price ceiling on pump gas? Why or Why Not?