3 ms·
No the entry-level end would just switch to a rental market. Those already in the market can afford to buy up starter homes as rental properties. Those not yet
by jahewson 5y ago
No the entry-level end would just switch to a rental market. Those already in the market can afford to buy up starter homes as rental properties. Those not yet on the ladder would get locked out as eternal renters.
The solution, as with the original problem is to build more housing.