I lived in places where renting is unregulated/not protected, and in the places where it's well regulated.

IMO, being able to do a long term and safe rent is the biggest win for the financial planning and personal finance you can get:

- people can become independent as soon as they find their first job (living with a roommate is an option to get a bigger place -- valid even for decades if that fits ones lifestyle)

- high personal wealth liquidity (invest in financial markets, move to a cheaper place if the situation asks for it, move to a bigger place if the family grows)

- if the place that costs 2M to buy, an be rented for 3k, that's 50y of rent! (or even more, as the maintenance, tax & mortgage cost outperform the rent increase, not to mention a loss from not investing that money) and, think how the place will look after 50y...

But the renting must be very well regulated -- to make it a comfortable living. That's something worth (politically) fighting for.

(a happy renter)