Our national obsession with owning our own home, complete with mortgage debt, has long been known to cause all sorts of economic distortions & other problems
It has even played its part in the current horrible mess over MPs expenses. If a thriving rental market meant that at least one of the 2 homes which MPs are almost bound to maintain, now that we demand that each MP ‘lives’ in some sense in their constituency, should be rented rather than mortgaged, there would not be the same need to quarrel over how that second home is financed
