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Cripple the speculative housing bubble by making corporate property ownership of single family or multifamily dwellings limited to maaaybe 100 properties. Probably less, like 50.
Give them 5 years to unload assets that are in excess of this legislation and get it passed.
Doesn't affect business. Doesn't affect developers, doesn't affect anyone but vulture venture capitalists.
Why let them own any? That will just lead to multiple holding corps being made. Just ban corporate ownership of single/multi family homes all together.
There's gonna be some edge cases like charitable corporations that own property for homeless or something we aren't considering. Blanket bans are rarely the answer.
Even Japan doesn't ban guns. You need to pass tests, have a license, and be subject to storage requirements and inspections of that storage. But it is not banned.