"We have seen corporate landlords—who own a larger share of the rental market than ever before—use inflation as an excuse to hike rents and reap excess profits beyond what should be considered fair and reasonable."
Rent control didn’t work anywhere where was tried. It leads to less houses on the market, making the issue even worse. The housing market is too damn expensive, specially due to inflation and the wages not following it. Also everyone wanting to live in overcrowded cities doesn’t help, meaning you either need build more houses or give tax incentives for companies and people to go live in smaller cities.
Rent control didn’t work anywhere where was tried. It leads to less houses on the market, making the issue even worse. The housing market is too damn expensive, specially due to inflation and the wages not following it. Also everyone wanting to live in overcrowded cities doesn’t help, meaning you either need build more houses or give tax incentives for companies and people to go live in smaller cities.