There are countless more efficient ways that are just less efficient at generating income for the ownership class. Do I need to run over all the strategies from pre-fuedalism to the varieties of modern public housing?
I'd rather pay five percent of my income in taxes and not have to walk by homeless people because they have somewhere to live and not have to worry about being homeless if I lose my job or eventually retire and have to worry about constantly increasing rent or property taxes on a fixed income than pay around a third of my income in rent so Brad and Karen can go on another vacation to the Bahamas this year.