Yep! I'd rather explicitly + differentially tax vs offer a tax credit for homeownership. Providing a revenue vs a debit against revenue. And to your point abou

Yep! I'd rather explicitly + differentially tax vs offer a tax credit for homeownership. Providing a revenue vs a debit against revenue. And to your point about the benefit being small, I'd suggest the tax should be fairly punitive. Not enough to make profiting off a rental impossible, but to make it barely beat, idk, inflation. I've even thought about the idea of making it lever-up depending on the cumulative number of months you lease the property for. 12 months = X, 24 months = 2X, 36 months = cap of 3X, where 3X is that magically-painful amount that makes it almost impossible to make a >5% Internal Rate of Return.