This is like a massive, stinging slap in the face of every self-righteous proponent of the free-market economy who works tirelessly to brainwash the entire planet into believing that limited government intervention is inherently good, that state regulation is evil, and that prices will always magically find their true, natural value.
If the state does not decisively intervene to stop corrupt oligarchs, private equity firms, and global investment giants from buying up every single affordable residential home, real estate prices will never find a value that respects basic human dignity, local communities, or the working class. Instead, they will only ever find a highly inflated, artificial value that strictly protects the greedy corporate interests, profit margins, and portfolios of multi-billion-dollar venture capitalists.
Socialism works and will always work. Even the most ruthless capitalists on Wall Street still desperately lobby for massive government tax cuts, multi-billion-dollar state bailouts, favorable regulatory loopholes, protectionist trade tariffs, and direct central bank interventions, which is basically nothing but a highly customized, tax-funded communist manifesto designed exclusively for the rich, the powerful, and the politically connected.