The example here being that they would pay a lot more city tax, never own a home, and over a period of decades this would make rent prices go down. If this is

The example here being that they would pay a lot more city tax, never own a home, and over a period of decades this would make rent prices go down. If this is what people want, then it seems like the right solution. Short term the only change will be increased taxes and maybe a few lucky renters getting apartments with the number slowly increasing over years and years. Which is pretty much the situation in Vienna (rents are low in Vienna, but for the 20% that get city-owned apartments the rents are very low. Quality is ... let's call it "very old", and there's no choice (can't move up if you have a kid, say). Then housing associations pay like 30% more but less than private. Private rents are about double city-owned apartments as they're called. Only way to become a city renter is to earn less than 58000 in a given year, then wait 5+ years).