Have you checked out what rents alone are these days? And your solution of just blowing it off and allowing fellow Americans to go homeless and starve, is no real solution.
Have you check out basic economics these days? Guess what will happen when all of those rental properties are empty because nobody can afford them? They will lower the price of the rentals. Because they don't make any money on empty rentals.
But as usual, the left is ignorant of basic economics and keeps throwing money at what they perceive to be a "problem". That in turn creates an actual problem as the market sees the flow of money and adjusts their prices to suck up as much of it as possible. It's the same reason college tuition has far outpaced inflation in the U.S. Because as long as the government guarantees an endless stream of cash, universities will have no incentive to lower their tuition.
The problem has to be addressed.
I love the arrogance of progressives. Who are you to decide for all of society what constitutes a "problem"? The market would adjust itself flawlessly if you dimwits didn't keep interfering with it. Here - learn something about basic economics for once: