Sometimes one has to understand intermediate economics .... For instance, in cases of inelastic demand and low liquidity (like housing), if prices are pegged a

Sometimes one has to understand intermediate economics .... For instance, in cases of inelastic demand and low liquidity (like housing), if prices are pegged at a maximum that buyers can pay, the actual equilibrium price could be much higher. In that case, a small amount of extra supply will not lower prices.