A housing shortage will be created. The quantity of rental housing available will be less than the equilibrium quantity. New construction may stop, older buildings may be converted to other uses or in some cases they may be left to deteriorate. A temporary versus a permanent increase in demand Rent controls can help prevent rents from rising when there is a temporary increase in demand. If the increase is permanent though, rent controls choke off the supply response that would increase the quantity supplied of rental housing to meet the increased demand.
Government can provide housing vouchers that can be used to pay rent.
Govt. can subsidize building of low income housing. Govt. can build low income housing. The role of farming in public policy has a long and contentious history. Farmers as a group are viewed as crucial to our national security in terms of providing for our food security, and they embody certain values of struggle, hard work, determination and survival that are of symbolic importance to the nation. Agricultural prices fluctuate from year to year causing substantial variation in farm incomes year to year.