Restrictive regulations harm everyone trying to get into the market, not just landlords. So I’m not following the logic there.
Rent control only exists within a few states, so I don’t think that can be generalized to the real estate spike in dozens of other states.
I’m all for capitalism and real estate as an investment. I’d like to build a portfolio myself. But I also can’t understand why people can’t see that there are downsides. A house purchased by a landlord is one less home available to a potential home owner. Multiple landlords bidding up local real estate drives up the cost for potential home owners.
It’s not as easy as saying “just develop somewhere else so people can buy those houses. They just need to live a little further out.” Land isn’t just magically available in all the areas it needs to be.
I think in the next 50 years the bifurcation of the haves and the have nots is going to be an increasingly big issue.