[totallykvothe]

And add to that an unsupportable tax burden to disincentivize large firms buying up hundreds or thousands of homes and then renting them.

[wakawaka28]

That does indeed seem to be a problem but there's a flip side. If you can't afford to buy a thing, then renting it is actually preferable. Rental is normally fine, unless there is a virtual monopoly on housing that forces people to rent and manipulates prices. In the absence of a monopoly, the rental price is just the time value of the place plus a reasonable service fee decided by a free market.