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What Happened When This City Banned Housing Investors

There’s a theory of housing that says the problem we’re facing is fundamentally not a lack of homes or restrictions on building and density. Instead, we face a scourge of investors who buy homes not to live in but to rent out, taking away options from aspiring home buyers and forcing them into renting. As one comment on our channel argued, “the investors are the prime cause of this housing crisis let's stop the gaslighting and verbal gymnastics”. What we really need, then, is to encourage homeownership and clamp down on investors who outbid first-time-homebuyers. “Take out the demand from investors and you have more than enough supply. Which drives costs down.”, according to another commenter on one of our videos. Well, clamping down on investors is exactly what Rotterdam in the Netherlands tried to do — here’s how it turned out. Keep Urbanity rolling: Join our Patreon for early releases:   / ohtheurbanity   Subscribe:    / @ohtheurbanity   Join us on Twitter:   / ohurbanity   References: First study on Rotterdam: https://frw.studenttheses.ub.rug.nl/3... Second study on Rotterdam: https://papers.ssrn.com/sol3/papers.c... News coverage: https://www.dutchnews.nl/2023/06/buy-... City of Rotterdam policy page: https://www.rotterdam.nl/opkoopbesche...