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I think one of the avenues to go down here is to disallow BTL mortgages for existing properties, and only allow it on new ones.
Also happily creates an incentive for potential landlords to build or fund the building of new homes, but particularly where rentals are most needed: on brownfield plots in cities and densifying the suburbs, allowing things like cycling infrastructure to become more viable.
The pinkos are clutching handbags about the tax breaks for landlords in Vienna.
https://www.tandfonline.com/doi/full/10.1080/02673037.2020.1806992
Which brings up the problem with rental property... Who finances the construction and management?