Put a limit on how much landlords/companies can charge for rental housing by square footage and don’t allow landlords or companies to require a specific credit score or 3 times the amount of rent. Make housing affordable again!
Truthfully, I feel like if we limited investors to max of 5 properties they can own within the country unless they can prove an actual necessity for anymore than that.
This will stop investors from buying these houses, turning them into rentals, and collecting the rent. Then they will also buy 10 properties, rent out 3 of them and keep the other 7 off the market to make it look scarce and to artificially increase prices. Limiting how many properties a person or company can own would solve this issue completely.
Unfortunately rent control almost always ends badly in the medium to long term. Here’s a typical example: a city enacts rent controls, but property taxes, trade job costs and materials all continue to rise. Pretty soon the landlord or management company stops fixing things and if that continues they will go out of business and the renters will either have an option to buy the house, or the house might be sold to a bigger investment company thst can absorb the losses, or the tenants may forced to go somewhere else. It happens every time.
The price of housing and everything else is directly tied to inflation and supply and demand. We need to focus on those things to fix housing, which I think was already mentioned.