Earlier quoted context omitted.
The standard refrain is that the housing market is over-regulated, NIMBY's have made it too hard to build. Adding more regulation discouraging instutitions from building sounds like making the problem worse rather than better.
There are both bad and good regulations. Acting like all regulation is bad (say restrictive zoning or allowing people to block density) allows people to target the good (building codes, not building of garbage dumps or toxic materials) to get rid of Regulations are not inherently good nor bad so please say what regulations are bad and what regulations should be changed because “less regulation” doesn’t mean things ge…
The OP wants to reduce the amount of institutional ownership of housing. This will reduce supply of rental units, increasing the cost of rental units.