this post was submitted on 25 Jul 2026
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Banning large corporations from owning residential rental property would fix a great number of problems simultaneously. Give them X amount of time to divest and watch affordable housing flood the market.
In the Netherlands they raised tax on owning houses that you don't live in yourself, a lot of affordable houses flooded the market. Which was great for everyone wanting to buy a house, but meant there were less homes available to rent. So while some people had it easier to find a house, others had it harder. The lessen basically everyone knows already: if there are not enough houses to live in, you need to build more houses. I totally agree with you, but if after that change there still aren't enough homes the problem will remain.
Wouldn't that have also drove rent down? Oh or would that also have also limited the supply of rental units and then the rent would increase?
Yes, less homes available for rent increased their price. Regular supply and demand - total demand over both categories didn't change, while supply shifted from one to the other.