The Rise of Housing costs

I am calling for the banning of Institutional investors - foreign or domestic - from purchasing, acquiring or leasing residential property for any reason. Americans have long pictured the traditional American dream of a home with a white picket fence, but since the 2008 financial crisis, homeownership has become less of a dream, and more of a nightmare. In the last five years in California alone, monthly housing for a "mid-tier home" (homes in the 35th-65th percentile in total cost) have risen $2,500. Housing prices have contributed to the unhoused epidemic, the increase in rent prices may have been capped by rent control laws in 2019, but without an increase in wages to match, many Californians still struggle to understand how they will continue to make their payments. We must develop an Agency dedicated to tenants rights, and prevent bad actors from raising rent prices unnecessarily. If tenants are kept in the perpetual cycle of paying their landlords mortgage, how can they ever be expected to afford a home of their own? I believe private landlords should be held to the same standards as more conventional Property Managers, and if those landlords are unable or unwilling to provide those services, they should be compensated for their equity, and the tenants should be given an opportunity to own the property themselves. Tenants can be held accountable for their actions, why not landlords?