Townhouse Trash - The New Underclass?

[LonePirate]

4. Devil's advocate here: Could they be trying to make more homes available for buyers to live in?

By restricting the rental licenses, they reduce the chance some person or company is buying a house just to rent it out instead of living in it. That would prevent some people from joining the market as buyers thus allowing actual live-in buyers more opportunities to buy a house.

I’m not saying this is what they are doing; but it could be. Sure, they may be trying to reduce the likelihood of 10-15 people sharing the same house by renting it from a buyer. Neighborhoods and housing decisions by local governments don’t always sort into the usual left vs. right dichotomy so it’s hard to say what’s going on.