No extreme problem, yet, for the price a NYC taxi medallion.
The TLC (taxi and limousine commission) recently declared the bid and ask price for any medallion put up for sale cannot drop below $700,000. The cartel is trying to control the “market” price of its own means for cartel membership. And they hope the NYC progressives will render enough TLC regulations regarding operations of Uber and the like to keep the cartel in business for years.
The reason they ran out of toilet paper in the Soviet Union was that the government established price was so low that suppliers had no incentives to make it.