I don’t see anything that stops investors from buying the homes to rent out. Without it we’re bound to continue to move towards effectively feudalism.
The only thing I have heard of that will actually solve this long term is a heavy cost neutral land tax. Tax the land for the value you can get for renting it and then redistribute the tax income equally back to the people.
Those will help a bit and sound good, but will take decades to bring down costs, if at all.
They also do nothing to prevent investors from buying up all of the land. My main criticism against it vs the liberal plan is that they have no restrictions on the tax reduction on ALL sales of homes.
This is a good benefit for individuals, but a massive benefit to investors. Why they wouldn’t limit it to only primary residences boggles my mind.
He liberals limit it to first time home buyers which has its own problems (prevents downsizing for seniors etc), but it is much better than the cons plan.
I should also say that I believe the only way out of the housing crisis is significant tax reform, specifically a revenue neutral land tax that is very heavy based on what the owner could get by renting the land, but gets equally distributed back to the people.