"Then where does Mr. Tal think these "funds" should come from?"

The taxes paid by the landlords who "drive rents up as high as the market will bear, to the detriment of the economy around them".

What you forget is that as rents are driven higher, more landlords who are profit motivated too, will come on to the market, making more properties available to rent - either through the construction of new properties, or subdividing existing ones.

Here in Montreal we have chronic housing shortages because of rent controls - VERY few if any apartments get built, it's all condos.