I suspect the complexity with this approach, is these "investors" are also the source of the majority of rental inventory in the country. As far as I know we don't build rental buildings anymore, it's all condos with 30-80% of the units going to investors who then rent them out.
Also there are situations like, the buyer who buys a run down house to rebuild or do major renovations that would need accounting for in any sort of ban. Or the condo developer who spends millions buying 3-10 houses and turning them into a condo tower for hundreds of people to live in.
Also there are situations like, the buyer who buys a run down house to rebuild or do major renovations that would need accounting for in any sort of ban. Or the condo developer who spends millions buying 3-10 houses and turning them into a condo tower for hundreds of people to live in.