>I'm not sure of the unintended consequences of my proposals, but they couldn't be worse than what is happening now. I wonder how large the percentage of buyer

>I'm not sure of the unintended consequences of my proposals, but they couldn't be worse than what is happening now. I wonder how large the percentage of buyers would be who would buy on-behalf of someone -- e.g. person A is an existing homebuyer, their cousin person B is not, and to avoid the prohibitive tax rate, person A gets B to buy it on their behalf so that it is legally not an investment. This practice is sadly already common in certain circles, and it will surely get a boost should your proposal (which I do like btw) come into effect -- the question is how big of an effect would that be.