If there is one apartment to choose yes, if I can just go somewhere else and tell that bloke and his stupid high rent to flip off then yes, it would absolutely

If there is one apartment to choose yes, if I can just go somewhere else and tell that bloke and his stupid high rent to flip off then yes, it would absolutely stop people from extracting high rents. They can obviously still charge them but a far lower number of people would actually pay them since there are alternatives.