The only reason it is profitable is because the cost of buying an existing home is often less than the cost of building additional housing. If you want to disco

The only reason it is profitable is because the cost of buying an existing home is often less than the cost of building additional housing. If you want to discourage people buying houses to rent them out, the best thing to do is make it easier to create more homes. Prices only stay high when the demand is higher than supply. Too often people want to try to control the market rather than dealing with the reason a particular way to participate in the market is profitable. The underlying issue is that we need more homes.