mikeyjh
Well-known member
I don't understand the idea that if landlords don't exist then prices come down. Assuming that most of these renters that you speak of want to buy, then the demand remains the same. The problem is in the supply of housing,Presumably this would make many more houses available for renters to buy. Many renters cannot afford to do so currently, because so many homes are owned by private landlords. But of course, the housing shortage is blamed on immigrants.
I know of a landlord who rents-out 47 homes - to me, that is 47 fewer homes for people to buy, and also pushes up the price of homes which do become available to buy - if demand exceeds supply, the price goes up.