Economic 1)“There is little evidence to suggest that a rent control on housing will improve the price and availability of rental property in the UK.” Critically evaluate this statement using both economic theory and real world evidence from rent con

Economic 1)“There is little evidence to suggest that a rent control on housing will improve the price and availability of rental property in the UK.” Critically evaluate this statement using both economic theory and real world evidence from rent con1-small introduction 5-6 lines. Explain what assigment is about2-Background 7-10 lines. About Uk housing market Current issues3-Economic theories in context of rental housing marketkey part:-demand and supply – rent ceiling -Apply theories to the real – application – real world data and theories what tell about that. From peer reviewer evidence/ articles economic journals4- conclusion with recommendation