I've thought of that avenue. I had considered some law/rule that says that a landlord can't have more than 10% or so of their rentals be short term. My thought on that was any savy business owner (landlord) could simply split up their business into several smaller ones. Some landlord (for a very good reason) form LLC's at each property they own. This affords them protections from frivilous lawsuits. It completely separates their assets and "hides" ownership. If a person trips and falls on a set of stairs out in front of a building, they can go to a lawyer and try to sue. If the lawyer sees that it's an LLC and not Joe Smith, they immediately want a lot of money upfront so they can start the legwork of finding the actual owner and then try to find out how many other properties they own. This then tells them what kind of personal wealth they have and how much mney they can try and sue for. If it's personally owned, that name is in the recorder of deeds along with a list of other properties they own.

So, if you try and limit a landlord to only having so many short terms, they can simply file some paperwork, re-fi and go right around it.

I am no longer a landlord. It is not an avenue I want to pursue. I only try to solve the problems I once had and open discussions about possible scenarios and take in ideas. Leaving things the way they are does nothing to solve unforeseen economic interuptions.

My idea solves two major problems landlords have and can be used to solve some minor ones.

- It provides more supply to reduce economic demand.

- It would create some form of renter accountability--A way to indirectly train tenants that they should care about property and grow a form of pride in ownership. So one day when and if they have a home they own, they'll be proud and care for it.

The minor solutions provided:

- It gives the young people a real chance to get out there on their own. We can't grow as people if we still live under the rules of our parents. A person does not know who they are until they live on their own, by their own rules. Up to that point, they are just their parent's kids.

- Landlords can then choose to be 100% short term. If that's what they want to do, they have the freedom.

- If landlords have a healthy mixed portfolio, then they can use the renter score to have some form of assurance that one of the tenants coming out of the public housing won't trash their place and will pay the rent.

I'm sure there would be some pitfalls, and some other indirect benefits. That happens on all ideas.

This is at least some form of talk that creates thought. Some positive, some negative, some apprehensive. Either way, it's worth a discussion. :-)