Answer:
Part of the Question is missing (Kindly refer to the attachment for the full questions)
<u>Activities associated with price Ceiling</u>
- Pushes down housing costs for people who are well off and poor alike
- results in firms having a reduced incentive to build new housing
- reduce Landlords incentive to spend money on maintenance
<u>Activities associated with the Voucher</u>
- Can be targeted to help specific subsets of the population
- Increase the amount of available housing
- relies upon funding from the Government
Explanation:
<u>Activities associated with price Ceiling</u>
- Pushes down housing costs for people who are well off and poor alike <em>(this is the objective of the scheme to keep rent at a maximum of $1,000 to every student)</em>
- results in firms having a reduced incentive to build new housing <em>(makes the venture less lucrative to investors)</em>
- reduce Landlords incentive to spend money on maintenance <em>(Landlord will be least interested in cutting his limited inflow by spending on maintenance)</em>
<u>Activities associated with the Voucher</u>
- Can be targeted to help specific subsets of the population (<em>the voucher can be issued to the needy segment of the student population)</em>
- Increase the amount of available housing <em>(It doesn't stop the landlord from charging high rent, the students are earning subsidies on their rental payment)</em>
- relies upon funding from the Government (<em>It's the Government that will provide the subsidy payment to the students)</em>
