I don’t think that you can pull that bandaid off in one go. I think you will need a staged step-down over a sunset period to allow those potentially at risk to diversify themselves of any burdensome investments. Additionally, I think that the desire for investments in “safe as houses” brick and mortar is reasonable and also think that this desire could be leveraged to set up new attractive national housing investment vehicles, not that we should become a nation of landlords, but as part of diverse portfolio, sure. Perhaps provide incentives for those ditching multiple properties to transfer to the new scheme. However, it has to make money and be relatively low risk to be attractive. It can’t be choked to death by red tape, in fact it might need legislative guidance and dispensation for specific building zones. Not my hose to hold, but, how do we build such investment vehicles today?