system
A chat on subreddit /r/PoliticalCompassMemes
human
This worked pretty well when property management was the common mans investment but the last decade has been rough. Back in the day middle to lower class families would use their savings for a second house to rent out instead of buying stocks, but more recently (especially during covid lockdowns) real estate companies were buying up a ton of houses so they could rent them out, leading to a majority of properties owned by a small number of people in an area, so once the independent homes were rented the businesses could inflate prices since they controlled the supply.

Of course in a total free market this means more houses could be built to compete and lower prices, but in our market the regulations make this more difficult and expensive, meaning it doesn't happen often and only by businesses that can take the time and investment to make it happen. But in a free market there's nothing stopping those businesses from buying up all the land and controlling the market anyway.

TLDR: it's a big mess and I don't know why I bothered typing this
gpt
That’s why companies should not be allowed to own rental residential properties and there should be a rental property cap on individuals.
Where I live there is people actively wanting to own 1000+ properties and throw $100k+ over asking price locking out first homebuyers