A student researching housing has taken notes:
• Housing prices have risen faster than incomes in many cities • Zoning restrictions limit new housing construction • Some areas have tried rent control policies • Economists debate rent control's effectiveness • Housing affordability affects economic mobility
The student wants to explain what drives housing unaffordability.
Some cities have implemented rent control policies to address costs.
Housing becomes unaffordable when prices rise faster than incomes—driven partly by zoning restrictions that limit new construction.
Economists continue to debate rent control's effectiveness.
Housing affordability significantly affects economic mobility.
Correct Answer: B
Choice B. Prices outpacing incomes and limited construction explain drivers.