It's not wrong.

I would 100% support measures that inhibit corporations from owning residential property.

Apartments are probably a special case, but I'm not entirely convinced the age of giant corporate complexes is a good one.

I also don't necessarily mind if a PERSON owns a house and rents it out (e.g., to spend a year somewhere else, or because it's a lake house or something), but I get suspicious of they own a bunch of them and make it a business. Denying corporate status would discourage that.