Yes, that’s likely, and with that comes the landlord’s option of neglecting the property, no maintenance, etc. and then the government cracks down on inspections, etc. and rental property is sold over to condos or something leaving no affordable housing, and the vicious cycle continues.
Nothing government does is good in my opinion.
And one day, the government, after pretending they’ve done nothing for god knows how long, declares housing a right and takes steps to federalize it so as to provide it to everyone...and thus gaining more control over one’s private life. Who’s going to question big brother if he can kick you out of your home and prevent you from getting another?