The issue is rent-seeking. This is the basest form of rent-seeking and the downstream effects are felt by the entire economy. So yes, there is something wrong

The issue is rent-seeking. This is the basest form of rent-seeking and the downstream effects are felt by the entire economy. So yes, there is something wrong with it. Instead of letting the prices float to the settling rate of the market, they're being manipulated to reach a specific financial goal. That is morally reprehensible, especially when it comes to shelter.