Hacker News new | ask | show | jobs
by kube-system 1617 days ago
There's not an objective number for that. But if we assume there is, then you are simply guaranteeing that no rentals will exist, because landlords pay higher taxes than a resident mortgagor, and they have overhead.
1 comments

Only if you ignore the appreciation on the investment asset (eg the house). That's most of the reason to rent out a house - for the future sale of the property. This would just mean landlords would need to buy the maintenance costs until they sell up.