Cap off on number of rental properties

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The government should consider implementing a cap on the number of properties individuals or corporations can own solely for rental income. With housing costs soaring, especially in urban areas, it has become increasingly difficult for first-time buyers to enter the market. Many properties are being bought not for personal use but as profit-generating rentals, often by older generations or large investors who already own multiple homes. This trend drives up prices and limits housing availability, effectively pricing out middle- and lower-income families. A reasonable cap on rental-only properties would help alleviate the shortage, make housing more affordable, and encourage a fairer distribution of homeownership opportunities for younger generations. While rental property investment has its place, a balanced approach is needed to prevent the commodification of housing at the expense of those seeking a stable place to live.