Fwiw, rent control is fully insufficient - what you need is a completely massive supply of affordable housing built, owned and operated by the public. Nothing short of this will make a dent
Non purpose built for rental homes should be limited to one per person. Any more than that should be hit with cumulative tax rates for each home past the first until such time as it is no longer profitable to hoard them.
Not saying people can’t own multiple homes. It just shouldn’t be so disgustingly profitable. If it’s not profitable, prices adjust accordingly.
Fwiw, rent control is fully insufficient - what you need is a completely massive supply of affordable housing built, owned and operated by the public. Nothing short of this will make a dent
Also prohibit the use of houses for
scalpingspeculation and investmentNon purpose built for rental homes should be limited to one per person. Any more than that should be hit with cumulative tax rates for each home past the first until such time as it is no longer profitable to hoard them.
Not saying people can’t own multiple homes. It just shouldn’t be so disgustingly profitable. If it’s not profitable, prices adjust accordingly.
Agreed 💯