Well one issue that has been pointed out by people who work in this area is the program Help to Buy. Many have claimed that this artificially raised prices of homes because of the guarantees and money built in the system.
The solution as with Vancouver is to ease the cost of building new homes and possibly using targeted property tax relief of those you are seeking to encourage into home ownership.
One other issue is apparently you can actually get a discount on taxation on your other homes if they are furnished because there seems to be some relation to the number of days it is occupied; unless I am just reading that wrong. If so this one area that needs adjusting, reducing tax because you don't actually spend time in the home but it otherwise is unavailable to others should not incur a benefit and if anything encourages buying up second and third homes
The solution as with Vancouver is to ease the cost of building new homes and possibly using targeted property tax relief of those you are seeking to encourage into home ownership.
One other issue is apparently you can actually get a discount on taxation on your other homes if they are furnished because there seems to be some relation to the number of days it is occupied; unless I am just reading that wrong. If so this one area that needs adjusting, reducing tax because you don't actually spend time in the home but it otherwise is unavailable to others should not incur a benefit and if anything encourages buying up second and third homes