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I lived in a place where that happened. There were very obvious changes as the rent kept going up. (I stayed because everywhere else was going up just as much.)
None of that stopped the rent from going up. If anything, it went up faster.
People think too small when it comes to stuff like this. One individual land lord company doing this isn't a big deal. But when you scale that up to a national level? We're talking about millions of homes going empty, misused, and siphoned off for only greed.
I'd say even one landlord is too many, but easier to deal with. The scale this seems to be happening at is mind boggling and should be criminal, in my opinion. Or whatever it takes to stop this.