Zoom out a little, and you see that in the current situation, we have companies buying up large amounts of property, then using that monopoly on physical space to extract rent (both literally and figuratively) from others in perpetuity, sometimes without having to do any additional work to justify that rent. While obviously not the sole contributor, it is a significant factor in the housing crisis in many parts of America right now.
Making this kind of landlord position either illegal or much less feasible (for instance, allow individuals to own one extra rental property, or something, if that kind of flexibility is determined to be beneficial, while barring companies from doing the same or anyone from owning larger numbers of non-owner-occupied properties) would have significant effects outside the direct relationship you are describing.