> They do not have the power to defy economics and charge arbitrarily high rents as supply tends to infinity. Housing supply will never trend to infinity. Ok

> They do not have the power to defy economics and charge arbitrarily high rents as supply tends to infinity. Housing supply will never trend to infinity. Ok I realize you exaggerate and probably meant to some very large number. Even that is quite wishful thinking since housing is expensive to build and takes time and people (who are in short supply, tried hiring a house building crew lately?) > More supply pushes rents down even if all the excess supply is acquired by investors. Can you name a few US cities where this has worked out that way?