Those people are profiting from the misfortune of others. They aren't providing any useful good or service. They simply held on what should have been a depreciating asset, reaped the benefits of negative externalities, and now they expect the government to protect their ill-gotten gains. Fuck that. The entire point of regulation is to prevent these sorts of market failures.
The best part is many of these people aren't even landlords. So many homeowners are obsessed with the values of their homes staying high, even though it benefits them in no way whatsoever. Well, unless you count "paying more property tax" and "making the neighborhood affordable to everyone but wealthy white families" as benefits. These people are working against their own self-interest because some banker convinced them that real estate was a good investment.
The best part is many of these people aren't even landlords. So many homeowners are obsessed with the values of their homes staying high, even though it benefits them in no way whatsoever. Well, unless you count "paying more property tax" and "making the neighborhood affordable to everyone but wealthy white families" as benefits. These people are working against their own self-interest because some banker convinced them that real estate was a good investment.