We, as a society, are paying dearly for the sin of forgetting that not everyone deserves to live in nice places, and that culture rather than money should be the deciding factor (the mortal enemy of the good are those who are both uncultured and wealthy, who are like blind, rampaging, destructive animals).

I would much rather deal with a bureaucratic inconvenience such as this than get robbed blind on rent, and have absolutely no recourse. In other words, my answer is yes, because that would be an absolute improvement over the current, disastrous arrangement.