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There have been many attempts to legislate ceilings for any number of goods. They're called price controls, and they have never turned out well. Take a look at
by jimmywanger 10y ago
There have been many attempts to legislate ceilings for any number of goods. They're called price controls, and they have never turned out well.
Take a look at Venezuela. Any sort of artificial price ceiling leads to black markets and insufficient supply.
Same thing in San Francisco.