@Victor Chalouh  You can put more money into the deal and get better returns... but that is somewhat artificial. 

A lot of wholesalers artificially inflate their numbers.

@Charlotte Casey our in house lender advised us that they are artificially raising their rates to slow the overwhelming demand for financing.

. - You are right, the March Prop 13 was just school bonds, I got it mixed up with a November Ballot initiative the seeks to repeal for Commercial Properties, that definitely include multi family housing, Prop 13.https://ballotpedia.org/California_Tax_on_Commercial_and_Industrial_Properties_for_Education_and_Local_Government_Funding_Initiative_(2020)Interesting how much money Michael Weinstein has been able to pump into Rent Control Measures, due to his foundation, that makes money by selling medicine for Aids.

Values have risen much more than that so the owner pays an artificially reduced amount.  

From Carolyn Machamer, a professor of cell biology whose lab at the Johns Hopkins School of Medicine has studied the basic biology of coronaviruses for years:What's getting a lot of press and is presented out of context is that the virus can last on plastic for 72 hours—which sounds really scary.

Also, as a result of the lack of investor interest, and headaches, and taxes in this market, prices are artificially suppressed (again, helps buyers).

.-- Owners maintain the property so those who cannot afford to do it have a roof over their head that does not leak (an un-doable repair expense for "The Working Poor"), and replace furnaces so they don't freeze to death in the winter, and replace hot water heaters so they can wash.The working poor cannot afford to buy furnace, let alone the price of installation.There is not a renter/owner problem in the USA, other than what is being artificially gined up.The system works well for both sides.Just my 2 cents. 

No more bosses, artificial deadlines, or fear of being laid off.

Right now, things are being artificially held in check with the stop gaps the government is putting in place to keep the bottom from falling out.