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Lesson Plan

Econ Ed Link: What Inefficiencies Lurk in Rent Controlled Housing Markets?

Curated by ACT

Imagine that you've just graduated from college and have been offered a position with a firm in New York City. You can't wait to start living in your own apartment! Explore the housing market and how it works.

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Concepts
demand, housing, markets, scarcity
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Additional Tags
council for economic education, econedlink: what inefficiencies lurk in rent controlled housing markets?, rent controlled, supply, shadow market, buying housing
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Classroom Considerations
  • Knovation Readability Score: 3 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional