For example, [1] indicates only 1 in 60 rental homes are owned by private equity. That doesn't even include owner-occupied homes.
[1]: https://ourfinancialsecurity.org/2022/06/letters-to-congress...
No one would mind if they were building new homes or significantly improving the facilities in proportion of their rent increases.
I get what you're saying - producing new homes is actually what we need and would be more beneficial compared to just buying up existing housing stock - but the same NIMBYs who I mentioned further up would actually be upset about people building new homes.