Rent Control Leads to Shortage in Sweden

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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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By EconDaddy IB Economics tutor|2022-01-11T23:00:24+00:00September 13th, 2021|Micro|Comments Off

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My name is Daniel Szekely and I work as an IB Economics tutor, examiner and teacher. Having earned an MA degree in Economics at the University of Aberdeen, I started my career as a financial analyst at Morgan Stanley, one of the largest investment banks of the world. Yet, despite the promising career prospects of the banking industry, I decided to make a larger social impact by becoming a teacher. Currently, I teach IB Economics at SEK Budapest International School and have been an examiner for over 8 years. I started EconDaddy as a simple blog to share great articles with my students and others taking IB Economics around the world to use for their commentaries. Being a practicing IB Economics tutor, I have first hand insight into the most common mistakes of students, so the EconDaddy blog now also provides exam and commentary writing tips.