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The Netherlands banned investor ownership of housing in 2022. It did not reduce home prices. New homeowners had higher incomes, were more often Dutch-born, moved shorter distances, and stayed longer than the renters whom they replaces. I do not think this was an equitable outcome.

People desperately want a solution to high housing prices that does not require building new homes in their neighborhoods. No such solution exists. If we want lower rents and home prices, we need to build more homes in the places people want to live. Anyone who says otherwise is bullshitting you.

Well, we could have a system of gov permits for living in specific cities / counties / states, so if you want to move from a rural area to a more desirable city you need to apply for a permit and wait in line. /s

Yeah Max is way off on this one, there are many methods to keep prices low for some lucky or desirable occupants

you joke but I unironically believe that most NIMBYs would support hukou or South African-style pass laws or both

Perfectly put:

It's both a logical fallacy and a suffocatingly simplistic view of policy. bsky.app/profile/mike...

Asking sincerely, did the Dutch also build more homes? This may be a situation where we need to both ban private equity in the housing market and expand new builds.

The cheapest cities in the US (for housing) are the cities where the most housing was built (relative to demand). Why are we constantly looking for an answer other than the obvious answer which continues to work in the American cities where it's tried?