It will reduce property prices, ceteris paribus. The only ambiguity is if the extent is such that it fully offsets the opposite impact of higher upkeep cost fro

It will reduce property prices, ceteris paribus. The only ambiguity is if the extent is such that it fully offsets the opposite impact of higher upkeep cost from the perspective of a poor person. I don't know the answer to that question, do you? Another factor: it'll encourage apartment construction, which will increase housing supply, which should help poor people.