Not sure I completely agree with their takeaways but I thought this was an interesting case study on the unintended consequences of housing policies designed to encourage home ownership.
Basically Rotterdam banned investors from owning housing in certain neighborhoods but not others. This allowed for a comparison on the effects of the ban.
In short, the ban did not decrease prices for homeowners but it did reduce the availability of rental properties which had negative impacts on poorer residents, young people, and immigrants. They conclude that the ban led to gentrification and a better policy would be to expand the production of housing, especially affordable housing.
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