Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

249
Posts
143
Votes
Andy Rousch
  • Investor
  • Mt. Arlington NJ
143
Votes |
249
Posts

Question my MBA professor asked me, looking to surprise him

Andy Rousch
  • Investor
  • Mt. Arlington NJ
Posted

Suppose now that the proposal before the City Council contemplates imposing a price ceiling on apartment rentals, but not on house rentals. Would owners of rental houses in this city be likely to support this proposal, or would they prefer the status quo (i.e., no price ceilings)? Provide the economic rationale for your answer. (In answering this question, you should ignore all supply-side considerations. In other words, just assume that supply adjusts fully to accommodate demand.)

This is a question in my MBA business finance course. I figured I would bring it to BP and see what professionals think, and I will copy, paste, and of course cite them with a link to BP and maybe get a chance to teach my teacher a thing or two while he is teaching me! who knows maybe he will become a fellow BP member if he isn't already

Most Popular Reply

User Stats

13,374
Posts
19,408
Votes
Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
19,408
Votes |
13,374
Posts
Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied

Whatever answer might be given is useless.  In real life, you can't just say, "...ignore all supply-side considerations...".  Any answer you might give, would be useless in real life, once the real world introduces the "...all supply-side considerations...".

Have you ever seen the movie, "Back to school" with Rodney Dangerfield?

Loading replies...