Price Ceilings

     I agree that there should be a price ceiling for some goods in our economy. This is because if there wasn't a price ceiling for some products many people wouldn't be able to afford them. For example, the price ceiling on apartments in New York allow many people afford housing that they wouldn't otherwise have without an affordable price ceiling in place. This would cause some market imbalances for landlords, etc. because they wouldn't buy many services for the upkeep of these buildings because they can only charge their tenets a certain amount for rent. However, this is an acceptable trade off in the economy because even though this may lessen jobs for those whose job it is to upkeep these buildings; people will have shelter from the elements, which helps lessen chances of a person (many) from becoming sick or dying from exposure to elements, etc. and thus lessens the amount of people that would occupy a hospital. Even though there would be a shortage of apartments making it harder for many to find homes, it's better for many to have homes than a few to have homes (while the many have a high chance of being sick and dying).