Comment by didibus

> What would happen to those who can't afford to buy?

That's what I find fascinating in the thought experiment, it forces you to think outside the box in these areas as well.

What happens to people today who can't afford to rent?

If prices were lower due to this, maybe mortgages would let you take a loan at 0% down-payment.

If you think of cars... What happens to people who can't afford a car? Generally there is public transit, maybe we'd have public housing.

You can still own multiple properties, you just can't rent it out. So the owner would have to lower its price probably, or find another buyer.

Or like another commenter said, maybe you could have lease to own purchase plans instead.