I agree in some sense, but spirit of the law also creates very uneven playground and leaves a lot of questions. The way I see the problem, it takes way too long for us to legislate anything. By the time something passes different levels of approval, whoever has any skin in the game might figure out a way around it.

That happens a lot with finding loopholes in housing related legislations. If there is a proposal that would hurt investors, they lobby against it for a while, buying time to figure out an alternative method, and by the time it passes, they don’t really care because they’ve circumvented it anyways.

I see why it would also suck if we fast tracked most of the legislations though.