> hence making rental properties a less desirable asset, reducing the numbers built and increasing the cost of renting.
On the flip side it would increase the number of single family homes and make them cheaper so people could afford them and stop renting.
Sounds like a huge win for single familys and huge hit to giant private equity funds buying up homes and land to turn the middle class into an eternal population of renting serfs.
It would also keep communities intact as people would never be priced out of their own home.
Net win for everyone but the
private equity landlords and bloated government.