This would create change all over the housing industry and it would be better for it. More affordable homes so people wouldn't HAVE to rent. It would be more of a choice. We wont need rental units if there are barely any renters. The banks have caused this mess with the govs approval. We didnt always lend out money. This trend is only getting worse.
Discussion
That’s a pretty complex hypothesis. I understand what you are saying but there would still need to be places for ppl with low income/ bad credit/ short term homes.
In the end would result in large entities owning those properties and likely turning into a larger monopolies.
I do not agree with banks selling pools of mortgages and using the end real estate as collateral.