In reality, because of the rent controls, yield is relatively small so property isn't the cash cow that it is here and prices only fluctuate a bit over time.
It's not a perfect solution, I agree, but I'd rather have a relatively small number of professional landlords bound by strict laws in favour of the tenant than the amateur landlord shit show that we have in the UK.
You raise a valid point.
In reality, because of the rent controls, yield is relatively small so property isn't the cash cow that it is here and prices only fluctuate a bit over time.
It's not a perfect solution, I agree, but I'd rather have a relatively small number of professional landlords bound by strict laws in favour of the tenant than the amateur landlord shit show that we have in the UK.