[hannasanarion]

Complete nonsense. First of all, homeowners aren't wealthy. Landlords are wealthy. The law says that wealthy landlords have to keep their hands off of brand new houses for a certain period of time so that homeowners can have a crack at it (therefore lowering prices, since rental profit isn't a consideration)

This does nothing to prevent anyone from renting apartments, condos, or houses built over five years ago.

Poor people aren't the ones renting brand-new construction. The renters of new houses are going to be people who could have and would have bought the house, if super rich landlords weren't jacking up prices.

[stale2002]

Ok, so you are seriously going to argue that a person who rents new apartment isn't going to be significantly less wealthy than someone who purchases a new home?

Do you see the obvious contradiction here?

All this law does is take away poor people's ability to rent a home, that will instead be sold to a wealthy home owner.

If you can afford to purchase a new home then you are way way more wealthy than someone who can only afford to rent that same home.