> It discourages property owners becoming landlords. But that’s a good thing, no? I’d much rather they sell, instead of hoarding property. And as for the tax

> It discourages property owners becoming landlords. But that’s a good thing, no? I’d much rather they sell, instead of hoarding property. And as for the tax deductions, why should homeowners get even more help from the government? Property tax is capped, homes appreciate like crazy, and there are already tax deduction in place. From where I’m standing, homeowners are sitting pretty with their mortgage being at an all time low. It is awful being a renter and having no idea if my landlord intends to jack up rent and having me wonder if it’s worth it to move. That being said, I do understand that there’s a fine balance - like if there are no landlords, someone who isn’t ready to find a house won’t have a place to live. Maybe we should put controls in place on who can buy a house - foreigners and corporations shouldn’t, for example. That should counter people doing all-cash offers for above asking.