Not all former rented housing would become owner-occupied housing
Yeah, in your previous post you suggested it would be razed to the ground, which is a bit of a throwing your toys out of the play pen when asked to share. I’ll remind you that the original post was suggesting rent controls back to 1980s levels of rent. Housing prices would likely fall, bringing whole swathes of people who can’t get a mortgage now into the buyers market.
At the moment, most landlords basically get houses bought for them by their tenants. It’s iniquitous. If you’re paying the price for the house, you should get the house, not just someone with a better credit rating.
Yeah, in your previous post you suggested it would be razed to the ground, which is a bit of a throwing your toys out of the play pen when asked to share. I’ll remind you that the original post was suggesting rent controls back to 1980s levels of rent. Housing prices would likely fall, bringing whole swathes of people who can’t get a mortgage now into the buyers market.
At the moment, most landlords basically get houses bought for them by their tenants. It’s iniquitous. If you’re paying the price for the house, you should get the house, not just someone with a better credit rating.