[pkulak]

It'll drive up rents, but you could pair it with a renters' tax credit.

[mattnewton]

Then renters can afford the larger rents, and after the dust settles all you've done is take money from one of the state's pockets and put it in another, no?

[pkulak]

Yes. Seems like I typed before I really thought about it. :/

I guess what you'd want is to tax the hell out of rental properties, then put that money to first-time mortgage assistance.

[banannaise]

The problem is the financialization of housing in the first place. You have to figure out a way to reverse that. Making speculation illegal probably isn't feasible, but could you require that renters earn equity offsetting some portion of rental profits?

[snapetom]

Then you'll be subsidizing your own tax.