Why would that push them to sell?

Costs rising more than 3% a year. Since it’s California I’d imagine the insurance is going up much faster than 3% of total ownership costs. If small landlords cannot stay in the black because they can’t afford the insurance with capped rent increases they will sell to the entities that can afford to self-insure. Corporations like BlackRock

Blackrock and other REIT’s should be abolished. Using single family homes as an investment vehicle is what got us into this, we need to regulate the bad actors out of the marketplace.