If we actually built housing to meet demand, these kinds of schemes wouldn't matter so much. Supply and demand would limit the ability to extract undue amounts of rent.
But with a constrained supply it's entirely possible for large actors to come in and effect very substantial price moves. This is the case in any demand-constrained market.
But with a constrained supply it's entirely possible for large actors to come in and effect very substantial price moves. This is the case in any demand-constrained market.