Government mandating of prices
The “Regulation to Require Drug Pricing Transparency,” 42 C. The rationales for the proposed rule are: (1) to apply downward pressure to drug and biologic prices, and (2) enable that Medicare and Medicaid beneficiaries to make informed decisions regarding drugs and biologics, taking into account their out-of-pocket costs.
§§403.1200 to 403.1203 (proposed), applies only to drugs and biologics covered by Medicare or Medicaid.
For example, if a city is now required to build 100 RHNA units, the new number will be 125 units.
More housing means more overcrowded schools, more traffic, fewer parking spaces, and less open space.
The problem here is that someone in Sacramento will see this and try to do the same—or maybe a County, like Santa Clara or Marin will do this.
Silicon Valley, which is about 40 miles south of San Francisco, is the home of many high-technology companies such as Apple, Facebook, Intel, and Google.
Under a state program called the Regional Housing Needs Allocation (RHNA), cities are told how many RHNA units to build.
SB 828 is requiring the RHNA numbers in cities go up by 25 percent.
An internet search shows that the Silicon Valley has a population between 3.5 million and 4 million.
Homes in Silicon Valley often cost million or more.