Nope.

How about this for consideration.

Progressive taxation as follows

1 house - Regular property tax

2 homes - 200% property tax on each home

3 homes - 300% property tax on each home

etc

etc

Same taxation regulations on individuals or businesses

This will lead to very few people owning more than 2 homes while still allowing for the buying and selling of homes and people to move freely throughout the world as they see fit.

It will also prevent real estate investing from incentivizing the increasing of prices in the name of profits rather than the only legitimate reason for increasing prices which is increases in costs.

Your in the right ballpark, you are just on the wrong base