Housing policy analysts debate the best way to increase the number of housing units available to​ low-income households. One strategythe ​demand-side strategyis to provide people with housing​ vouchers, paid for by the​ government, which can be used to rent housing supplied by the private market. Anothera ​supply-side strategyis to have the government subsidize housing suppliers or to build public housing. a. Illustrate supply-and-demand-side strategies using supply and demand curves. Which results in higher rents?
b. Critics of housing vouchers (the demand-side strategy) argue that because the supply of housing to low-income households is limited and does not respond to higher rents, demand vouchers will serve only to drive up rents and make landlords better off. Illustrate their point with supply and demand curves.