The average person is not a landlord

To use it for a business

This is wealth extraction

Or enjoyment

So you’re okay with some rich person owning acreage as long as it’s for their own enjoyment but not for a normal dude who has an investment property and is holding out for a renter that will adequately cover his costs and generate some profit?

So, so many reasons…

At the individual level drugs are a HUGE reaaon, mental illness, poor care for veterans etc Although there is SOME government housing and charitable housing for people that need it.

At a macro level there is money printing, endless war, corporate welfare, cronyism etc

Let’s face it though we could probably house everyone in Europe within South Dakota alone. Not to mention most homeless people are in extremely expensive areas like LA, Austin, Seattle and New York.

Passing an ill-conceived law that will have unintended consequences should be way, way low on the list of ways to lower housing prices. Especially since it’s highly likely it won’t be enforced properly.

You forget that for one to acquire said property one must first “exploit” one’s self. What I do with the earnings from my exploitation is my business.