I don't disagree that they don't fix the problem entirely, nor that they don't address the core problem of housing affordability. I don't think they're useless

I don't disagree that they don't fix the problem entirely, nor that they don't address the core problem of housing affordability. I don't think they're useless though. They affect what many people see as an unfair practice. If stopping it is as easy as regulating it away, why not do so? Nobody is going to then turn around and assume the housing affordability problem is fixed, and if they did nobody is going to believe them. It's not like this is some new and not understood problem, nobody believes blind bidding is causing all the problems.