In Europe after the second world war several cities approved price Essay

In atomic number 63 after the second world war several cities approved price ceilings on crosscurrental modification - Essay ExampleThe protest of people for considerling price is understandable. Even though price run across is understandable but still the governing body may be able to protect only some of the consumers while imposing negative impact of price control on others. However the aim of the government is to protect the group that usu all toldy gets pressed hard because of inflation. Thus charging high interest on opposite loans is to protect people who are forced to borrow out of desperation. Similarly the maximum price of eatables, such as bread, is to protect poor ones who completely depend on it for their survival and the rent control is for defend the landlords at times when the demand for the apartments exceed the supply (McEachern, 2012).The New York State legislators are seen defending the apology Act of War Emergency Tenant in order to cater the housing sh ortage think to to war. The war that has been addressed in this law is not the Vietnam War or the war of Iraq but it is the solid ground War II, which is considered to be the starting of rent control issues in America. Although war has not much to do with the shortage of apartments, as the shortage are more likely to occur due to rent control which is considered to be the supposed solution for making accommodation readily available. Gotham is the only city of America which embraces rent control however many other cities have surrendered to the blarney of this legislative fix (Christ, 2009).Like all the other mandated price control of the government, rent control is also considered to be a law related to the fixation of maximum price or rent ceiling, which explains that what exactly the landlords must charge from the tenants. In order to make the rent ceiling work, the rent must be placed below the value that would be prevailed otherwise. For example, an enactment prohibiting lan dlords from exceeding the apartment rent from $100,000 per month would have not been