AskProfWolff: How Rent Controls Can Solve Housing Shortages (Patreon)

AskProfWolff: How Rent Controls Can Solve Housing Shortages

A patron of Economic Update asks: "Today, my economics teacher was trying to argue that price controls (price ceilings and floors) on landlords somehow creates housing shortages because it widens demand to relatively lower income people. Do you believe his assertion is correct?" This is Professor Richard Wolff's video response. Submit your own question to be considered for a video response by Prof. Wolff on Patreon: https://www.patreon.com/economicupdate/community. AskProfWolff is a @Democracy At Work production. We are committed to providing these videos to you free of ads. Please consider supporting us on Patreon.com/economicupdate. Become a part of the growing Patreon community and gain access to exclusive patron-only content, along with the ability to ask Prof. Wolff questions like this one! Your support also helps keep this content free to the public. Spreading Prof. Wolff's message is more important than ever. Help us continue to make this possible. _________________________________________________________________________ Learn more about Prof Wolff's new book, "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself," available now at www.democracyatwork.info/books “A magnificent source of hope and insight.” Yanis Varoufakis, Greek economist, academic, philosopher, politician, author of Talking to my daughter about the economy. _________________________________________________________________________ Follow Wolff ONLINE: Web: http://www.rdwolff.com Patreon: https://www.patreon.com/economicupdate Twitter: http://twitter.com/profwolff Facebook: http://www.facebook.com/EconomicUpdate http://www.facebook.com/RichardDWolff http://www.facebook.com/DemocracyatWrk Subscribe to the EU podcast: http://economicupdate.libsyn.com Shop for EU merchandise: https://democracy-at-work-shop.myshopify.com/