Especially when those 2nd, 3rd, + properties are being used as passive short term rentals. Observing the state of the housing situation “Hmm there aren’t enough homes for normal families to each have a chance, I should turn this extra property of mine into a vacation rental.” does this make said person a POS?
We have this nightmare in the UK. I’m very fortunate to have a small house just about paying mortgage on a tiny wage, but not really big enough to rent a room. I feel bad for people in their 40s (even couples) who can’t afford a starter home because all the properties are locked up in a rental market.