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Taxes can be a profitable way to encourage the results you want to see. If you want to encourage SFH ownership, make it more expensive to rent a SFH than to own.

Coincidentally, increasing rental turnover is a great way to discourage small-time landlords as a vacancy for 1-2 months can often wipe out any hope of profit or even just covering the mortgage for the year. Most small time investors would see buying a rental property as a money losing investment.

Also, why would everyone want to be a homeowner all the time? Renting is preferable for many at different stages of life. 70% is probably the most it should be.



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