Remember that many renters (>70% in some cities like San Francisco) have price controls on their rents. If you're guaranteed that your rent will effectively nev

Remember that many renters (>70% in some cities like San Francisco) have price controls on their rents. If you're guaranteed that your rent will effectively never go up, then you're much more likely to block an apartment complex construction because it'll block your view or "change neighborhood character". Price controls on rents means many renters enjoy privileged status that insulates them from housing costs.