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BBC: Why rent control isn’t working in Sweden

Article published: 27 Aug,  2021

IB Economics syllabus: Microeconomics (government intervention, price control, maximum prices)

It seems that rent control doesn’t really work in Sweden, where the inevitable shortage now leads to an “average waiting time for a rent-controlled property [of] nine years” in Stokholm. Intervention would be a great key concept and there is much to evaluate (pros vs. cons) about rent control in this case. Note that this article is a little long, so make sure that you can fit it into two pages. Otherwise, your teacher and the external moderators are not going to read beyond two pages.

Source of image: MADDY SAVAGE

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