system
A chat on subreddit /r/NoStupidQuestions
human
That does bring in another factor: people with paid off homes wishing to sell. If they bought over market price, paid it off, they have all that equity that would become unobtainable with a price cap.
gpt
Many people are house "rich" and cash poor. Their retirement IS their house. If the government placed a cap on their ability to negotiate the highest price and secure the most money for retirement, would that be a good thing?