[shiftpgdn]

They already have this in Texas (homestead exemption) and Texas is one of the hottest markets for single family rentals. They are building entire suburbs that are rental homes only. Millennials as a group don’t want to live in apartments anymore because of the effects of Covid 19 causing people to be locked into their homes.

[StevePerkins]

Same thing in Georgia (punitive taxes on any residential property beyond your primary home), and Atlanta is still one of the hottest housing markets in the nation.

Just pass those costs on to your tenants.

[escapedmoose]

I don't think homestead exemption is big enough to realistically expect a broad shift in behavior.