These PE firms specifically say in their SEC filings that the most credible threat to their business model is municipalities removing restrictive zoning regulat

These PE firms specifically say in their SEC filings that the most credible threat to their business model is municipalities removing restrictive zoning regulation and allowing the natural rate of market-rate housing to be built (0, 1). You can foil their schemes and bankrupt them by electing officials who are pro-development. [0]: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001687229/a154763b-4e28-4de1-9162-82c542a50df5.pdf https://d18rn0p25nwr6d.cloudfront.net/CIK-0001687229/a154763..., "“We operate in markets with strong demand drivers, high barriers to entry, and high rent growth potential, primarily in the Western United States, Florida, and the Southeast United States.” [1]: https://www.sec.gov/Archives/edgar/data/1562401/000119312513247145/d547003ds11.htm https://www.sec.gov/Archives/edgar/data/1562401/000119312513..., "The continuing development of apartment buildings and condominium units in many of our target markets increases the supply of housing and exacerbates competition for tenants."