Another good idea would be to require every rental to include a rent-to-buy option. If the renter wishes, a substantial portion of those rental fees would count as equity, and at any time they can afford it, they can exercise that option to buy. If they decide to move out, that equity does not revert to landlord but goes into a special trust which pays for more affordable housing.
This is somewhat similar to how the right to buy initiative worked with council housing in the UK till they sold them all off and stopped building more.
To do something like that you’ll need to introduce public housing, maybe nationalise blackrock? 💀
Another good idea would be to require every rental to include a rent-to-buy option. If the renter wishes, a substantial portion of those rental fees would count as equity, and at any time they can afford it, they can exercise that option to buy. If they decide to move out, that equity does not revert to landlord but goes into a special trust which pays for more affordable housing.
This is somewhat similar to how the right to buy initiative worked with council housing in the UK till they sold them all off and stopped building more.
To do something like that you’ll need to introduce public housing, maybe nationalise blackrock? 💀