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by rayiner 2691 days ago
That's the upside of regulation, yes. The downside of regulation is that it makes everything terrible in different ways. FRA regulations is why the U.S. can't buy ready-made trainsets from Europe for a fraction of the cost. Housing regulations increase prices and become a vehicle for propping up property values. A lot of the things hipster millennials care about (e.g. walkable cities dense neighborhoods, fiber internet, affordable housing, public transit) are directly prohibited by regulations.