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Yeah I am partly a YIMBY but if investors can just keep buying up all the new properties and rent them out for ludicrous amounts then rents will never go down.

Extra capacity, if not protected from predation, will result in a cycle of high property values and rent.

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Do you think that there are an infinite number of people that want to live in any particular city?

You don't rent all the places. You buy all the places and limit the available supply to control the price of rent.

Cornering the market on an entire city seems prohibitively expensive but hey, maybe somebody will roll in with a trillion dollar investment that has massive downside someday.

Have you read up on how software allows you to virtually do exactly that with other landlords? Discussed here on HN previously: https://news.ycombinator.com/item?id=38114264

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