Economics (AS & A Level) · Oct / Nov 2025 · Paper 33 · Question 11

Some governments introduce rent controls (maximum prices) on houses rented from private landlords. They impose such rent controls to improve living standards for individuals with low incomes. What might be the effects of rent controls in the long run?

1. AThe long-run supply of rental houses will contract.
2. BThe number of unoccupied privately rented houses will increase over time.
3. CThe price of owner-occupied houses will increase.
4. DThere will be no effect on the supply of rental housing.

As printed in the paper