There has to be a catch. This is too pragmatic and logical.

https://x.com/GavinNewsom/status/1878464815188099111

ok ok back to normally scheduled programming. glitch in the matrix.

Not sure why this is seen as "good". This is doubling down on breaking free markets and allowing the true price to emerge. This is the kind of stuff that drives libertarians insane. They broke the insurance market with a price cap that forced insurecos to exit the market. Now they are going to break the housing market with a price floor.

You can predict what's going to happen a mile away.