this post was submitted on 18 Nov 2025
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A Boring Dystopia
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It would still suck for anyone stuck with renting. It would disincentivize renting, but still, would suck short term.
But it would increase the supply of homes since it disincentivizes investment properties.
It's true that some landlords would jack up rent rather than sell - especially as some people are stuck renting in a tighter market. Ideally you could separate corporate landlords from onesie-twosie landlords? A big issue is that landlords and banks are happy to artificially tighten the market with vacant housing. I think Vancouver Canada had a law that levied taxes on unoccupied housing - I should look into how that went