Regulating away "bad conditions" doesn't get rid of the cost for it. It merely eliminates your choice in the matter, forcing everyone to upgrade. It's like, i

Regulating away "bad conditions" doesn't get rid of the cost for it. It merely eliminates your choice in the matter, forcing everyone to upgrade. It's like, if you outlaw all car designs that don't have leather seats - all the sudden, everyone gets leather seats in their car, but they're still paying extra for it, whether they like or not. that's what regulation does in the housing markets, but much more extreme.