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New housing takes some time to build, so rent control creates larger shortages in the:

New housing takes some time to build, so rent control creates larger shortages in the:
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Rent control is the regulations made by the governments to control the rents charged by the landlords for the tenants. These laws limit the rent that the owner can charge for his house as rent. The reason for doing this is that the people who are poor or with low income group they can afford to pay the rent and are not homeless.
IN the given question if the new housing takes time to build, the rent control laws will create larger shortage of the homes in over a long period of time.

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