Not GP, but wiping out the externalities of property being used as a capital investment vehicle instead of for its inherent utility seems like it would inarguably, in any rational market system, make housing more affordable. It's self-evident that it would be better for anyone without a vested interest in denying the housing needs of the many.
If there absolutely must exist a category of housing that is rented and not owned, that's where the state can step in. Housing, like healthcare, is a commodity with perfectly inelastic demand in the aggregate. Offering such a commodity up to the "free" market is irrational in any system except one that values ability to make a profit over human rights.
If there absolutely must exist a category of housing that is rented and not owned, that's where the state can step in. Housing, like healthcare, is a commodity with perfectly inelastic demand in the aggregate. Offering such a commodity up to the "free" market is irrational in any system except one that values ability to make a profit over human rights.