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It won't.
The "rich" are relatively few.
Best way to lower rents fast, would be to get rid of all the illegals.
A landlord wanting to make profit from renting their property, is not the problem.
Too much demand for existing supply, is the problem.
.....and illegals place more demand on housing than do the relatively fewer number of rich people place on it.
....and it causes Americans would have been able to rent the places illegals took instead, to have to pay more elsewhere.
So getting rid of illegals is the fastest way to lower rents, and housing costs in general.
