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> lowering availability for buyers

This makes an unsubstantiated assumption that everyone would rather buy and can afford to, ignoring that people have reasons to rent.

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No, it doesn't. It states that if a landlord has 3 houses and exits the landlord market, those houses are either kept unused or sold and are available for new buyers.

Sold...to a large landlord company... yes. That is what happened in Seattle

Assuming the same homes, which group do you think is larger:

A) Households who are currently renting who would prefer to own their home

B) Households who currently own who would prefer to be renting

I'm going to guess A >>> B, but I've never seen the data.

"prefer" is irrelevant. I prefer to be a billionaire and own an island. Question is of ability.

Your last point was that some people prefer to rent. I don't think it's irrelevant to compare that to the number of people who would prefer to own.

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