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Assuming that you want to allow poor people to live in an area that they couldn't otherwise afford, why are price controls used instead of directly subsidizing
by kenj0418 11y ago
Assuming that you want to allow poor people to live in an area that they couldn't otherwise afford, why are price controls used instead of directly subsidizing housing costs for those with lower income.
It seems like the direct subsidy would have a less distorting effect on the market.