I think we should look to France and their rules around only permitting one mortgage per person. I.e you can't buy another place unless you've paid off the first one or buy in cash
They have a scheme as well where you get government cash to do up properties BUT you must charge social housing rent afterwards. Pretty cool.
But you still have the "second houses" problem with people buying holiday homes and pricing out locals...
@JWestland started
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I think we should look to France and their rules around only permitting one mortgage per person. I.e you can't buy another place unless you've paid off the first one or buy in cash