You’re missing the key word there which is “overnight”. Sudden dramatic changes rarely work out well for anyone other than people speculating (or having inside knowledge) on where the cards will fall.
Phasing out landlords over, say, 3 years would be a great idea, banning them tomorrow would not be.
China has some of the cheapest housing costs in the modern world.
Getting rid of landlords and prioritizing housing over profits is a viable path twoards good housing availability.
You’re missing the key word there which is “overnight”. Sudden dramatic changes rarely work out well for anyone other than people speculating (or having inside knowledge) on where the cards will fall.
Phasing out landlords over, say, 3 years would be a great idea, banning them tomorrow would not be.