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Chapter 06_Markets in action

Chapter 06_Markets in action - MARKETS IN ACTION CHAPTER 6...

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MARKETS IN ACTION 6 CHAPTER
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Housing Markets and Rent Ceilings The 1906 earthquake in San Francisco left 200,000 people more than half the city homeless. By the time the San Francisco Chronicle started publishing again, a month after the earthquake, there was not a single mention of a housing shortage. How did the market achieve this outcome?
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