/s
Homes under management for long term housing or resale kept in unoccupied states longer than reasonably expected incur penalties.
Homes kept unoccupied due to being priced out of reasonable band may do so for limited duration--every loophole has to be addressed with financial incentives.
This includes reducing the business potential of domestic and foreign private equity groups picking up homes at depressed rates like what blackstone did.
Residential property rental and transactions related to residential property must be way less lucrative.
The problem is growing; why take a demand-side approach? Especially one so prone to making lawyers and government officials rich? You’re just trading like-for-like as demand grows over time.
FWIW, I’m in favor of nationalizing zoning laws as Japan has done to fix supply.
Also, this doesn't seem to answer my question. How should expropriation be done exactly?