That’s only looking at house demand. It’s true as long as you only look at prices for purchasing houses, which is an activity done by relatively rich people. You are indeed helping people with enough wealth to purchase a house.

My point is that the corporations are not just sitting on these houses, they are turning them into rentals. So they are increasing the supply of rentals, lowering the price to rent. And renters are typically poorer than the people with enough wealth to purchase a house.

So the ban would help the relatively richer people and hurt the poorer.