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Arson & murder aside, there's a housing crisis.
You can own property, and be homeless and broke.
Examples:
https://7news.com.au/business/housing/us-landlord-living-in-a-van-unable-to-evict-seattle-tenant-who-refuses-to-pay-rent-and-is-advertising-house-on-airbnb-c-12355491
https://www.cbsnews.com/news/eviction-ban-landlord-homelessness-tenants-rent/
But to be clear: fuck this guy.
Just also fuck your "get used to theft with no recourse" attitude. We need places to rent - not everyone wants to own a house. You can argue the price of rent, but don't pretend it isn't a real job. They are providing a valuable service, and have expenses to do so. I'm in a city with a huge housing shortage - people are lined up trying to rent places. People are auction-like bidding against other potential tenants (technically illegal) to pay more rent in order to get a place to sleep. We need more rentals. If it's not worth it, they'll sell. Which means one less house for rent, making the problem worse.
And again: fuck this arsonist murderous ahole.