Nationally it’s not lack of development, it’s the rental management companies algorithmically pricing rents with no regards for anything but profit.

Footnotes:

https://www.google.com/amp/s/arstechnica.com/informationtechnology/2022/10/rent-going-up-one-companys-algorithm-could-be-why/%3famp=1

https://www.multifamilyexecutive.com/property-management/revenuerevolution-pushing-rents-becomes-the-norm_o

https://extranewsfeed.com/a-history-of-landlords-rent-the-feudal-origins-of-a-nonworking-class-e718e6c82e2f

https://popular.info/p/death-by-eviction https://www.google.com/amp/s/www.nbcnews.com/news/amp/rcna52111 https://www.nytimes.com/2004/12/08/nyregion/queens-landlordconvicted-in-plot-to-kill-two-tenants.html

https://www.google.com/amp/s/amp.theguardian.com/world/2002/may/02/worlddispatch.oliverburkeman

https://www.google.com/amp/s/www.laprogressive.com/.amp/homeles sness/studies-find-rent-control-works https://www.housinghumanright.org/is-billionaire-landlord-sam-zellthe-quintessential-corporate-vulture/ https://www.investopedia.com/articles/investing/102915/how-sam-zell-madehis-fortune.asp

https://www.agriculture.com/news/business/risk-and-reward-aconversation-with-sam-zell https://www.bloomberg.com/news/articles/2022-09-27/steve-schwarzman-buys-80-millionenglish-country-estate

https://www.google.com/amp/s/m.jpost.com/50-most-influential-jews/article-717735/amp

https://fintechmagazine.com/venture-capital/stephen-a-schwarzman-the-billionare-who-builtblackstone

https://www.investopedia.com/articles/investing/090915/how-stephen-schwarzman-built-blackstonegroup.asp

https://www.invitationtenants.com/blackstone-profits-from-the-foreclosure-crisis/

https://www.institutionalinvestor.com/article/b14zb99vmk6h6n/blackstones-stephen-schwarzman-onnot-wasting-a-serious-crisis

https://www.google.com/amp/s/qz.com/2118625/corporate-landlords-are-benefiting-frominflation/amp/

https://www.theatlantic.com/ideas/archive/2020/02/rich-investors-make-easy-scapegoat-risingrents/606607/

https://archive.ph/TjPXE