There isn’t any “socially useful purpose”, assuming that what he means is that evictions will increase supply, driving down home prices and making it more affordable for renters. The housing market doesn’t follow the conventional supply/demand rules as other commodities since 1) demand is highly inelastic and 2) the ownership class can and does artificially limit supply by lobbying to stop new developments, or simply holding properties vacant until someone willing to pay whatever price they’re charging comes along (doing this keeps property values high).
There isn’t any “socially useful purpose”, assuming that what he means is that evictions will increase supply, driving down home prices and making it more affordable for renters. The housing market doesn’t follow the conventional supply/demand rules as other commodities since 1) demand is highly inelastic and 2) the ownership class can and does artificially limit supply by lobbying to stop new developments, or simply holding properties vacant until someone willing to pay whatever price they’re charging comes along (doing this keeps property values high).