and the houses will not go on the market
I understand the other arguments but I’m confused about this one.
If houses that were used to house tourists are no longer allowed to do so, why would they not become available for either rent or sale?
What else is there for the owners to do with them?
That has already become outdated, at least according to some economists.
Banks can just create loans out of thin air without having to check their own reserves first.
https://en.wikipedia.org/wiki/Money_creation#Credit_theory_of_money