Usually the explanation is that big high rises with cheap rent will magically appear, and landlords will be unable to raise rents, because LVT magic. So the pr

Usually the explanation is that big high rises with cheap rent will magically appear, and landlords will be unable to raise rents, because LVT magic. So the promise is a scenario like 1970s Bronx. The real answer, which the GOP was able to test the waters on with the SALT cap, is for the federal government to slowly back away from supporting mortgages. 0% down mortgages with rates linked to T-Bills depend on the policy to back mortgages. As the country gets poorer, that is less relevant.