And you can't get mortgage because... landlords with enormous leverage bid against each other, jack up rental costs and you are left with even less for mortgage

And you can't get mortgage because... landlords with enormous leverage bid against each other, jack up rental costs and you are left with even less for mortgage. I do like mobility tho - I've lived in 4 countries, 10+ properties, all rental. Unsure where is the right balance is tho. Banks in NZ won't let you develop property unless you already own land, so it's out or reach for first timers. IMO it's fair if we redirect investor capital into new developments.