[Azew]

> while making it illegal to rent out (buy?) property purely to rent it

Why? You're making the notion of landlords illegal? What purpose does this solve, what benefit is there? Why should I not be allowed to purchase a house and then place a tenant in it?

In many places the rental community is larger than the homeowner community, these houses would simply sit on the market, rather than have someone buy it and put a renter in it. How on earth can you justify making home rentals illegal?

[stdgy]

Technically, wouldn't home prices just fall until they were affordable enough for the community to purchase them? I suppose they could just sit in the owners hands forever, but that seems unlikely. I would think that, after some amount of time, they would prefer to have liquid capital over no capital.

Not taking any side in this debate, but that makes some economic sense to me.

[dublinben]

Landlords ought to be illegal. They are a perfect example of economic parasites, whose only value is in "rent seeking."

[Stasis5001]

So for those of us who rent our primary residence, we now have to take out loans to buy property and heaven help us if we want to move?

[gress]

All investment is essentially rent-seeking. Are you advocating communism?