Answer to Question #82956 in Finance for Jayla Miller

Question

Place the following events in the order they might occur once rent control is implemented in a crowded, impoverished neighborhood.
Drag the items below into the box above in the correct order, starting with the first item in the sequence.
Apartment rental prices are capped by the local government.
Property owners receive less income from their properties.
Many apartment buildings become dilapidated.
Property owners cannot afford to maintain buildings properly.

Answer 1

1. Apartment rental prices are capped by the local government.

2. Property owners receive less income from their properties.

3. Property owners cannot afford to maintain buildings properly.

4. Many apartment buildings become dilapidated.