Can you propose a policy that would induce the market to supply more rental housing units?

To induce the market to supply more rental housing units, a potential policy could be the implementation of tax incentives for landlords who provide rental housing units. This can be achieved through tax credits or reductions, encouraging the development of new units and improvement of existing ones. An example of such a policy could be offering a tax credit program where landlords can claim 20% of construction or renovation costs as tax credits and an additional 10% for offering affordable housing to low-income households. This policy would stimulate investment in rental housing construction and improvements while incentivizing landlords to offer more rental units at lower prices, ultimately increasing the overall supply of rental housing units in the market.