Secret #62 – Tax Breaks for Landlords Increase Homelessness

All the tax breaks for landlords make being a single-family landlord a lot more profitable which causes landlords to buy more houses which causes house prices to increase a lot more than they would otherwise which causes homelessness to increase to some degree.

In addition, landlords jumping into and out of the single-family house market make house price booms and price busts larger, destabilizing not just house prices but also American families. More families lose their homes during real estate busts because the busts are bigger now.