You're proposing to construct a regulatory scheme to reach a different equilibrium. Why? What's wrong with the market equilibrium?
In the context of cars, arguably nothing.
In the original context of real estate, all kinds of things, because having somewhere to live is essential to quality of life and reserving more of the finite real estate available for development for a few luxury homes means a lot more regular homes that could house a lot more families can't be built there instead.
In the context of cars, arguably nothing.
In the original context of real estate, all kinds of things, because having somewhere to live is essential to quality of life and reserving more of the finite real estate available for development for a few luxury homes means a lot more regular homes that could house a lot more families can't be built there instead.