$1bn on rental homes That's 10,000 $100,000 homes, or 5,000 $200,000 homes, or 2,500 $400,000 homes. Is it just me, or when put like this it doesn't seem so m

$1bn on rental homes That's 10,000 $100,000 homes, or 5,000 $200,000 homes, or 2,500 $400,000 homes. Is it just me, or when put like this it doesn't seem so many? The high rise where I live has, I estimate, 200 units. So at $400,000 per, they're buying roughly 12 high rises. Doesnt seem like a "threat to democracy". What am I missing? I would imagine that right now most of these high rises are owned by a few firms already.