Comment by kelnos

Yup, and that's why it's so hard to get housing policy changed. To make it harder, I'd wager that homeowners, proportionately, lobby and vote more than renters do.

You only win here if you placate the homeowners, and a surefire way to do that is by making them whole when you whack 20% off their home's resale value. Maybe there are better ways, but I'm having trouble thinking of them.