I would say they already are disempowered. It is unfortunately pretty hard to organize anything when you have to worry about high rent, not losing your job or having to move every few years. What we have seen in the last decades is that it is now hard to do much at all through organizing unless you can somehow affect the economy. Which you can't if you risk getting fired or evicted doing so. Look at Japan, South Korea, Singapore, Hong Kong etc. for the results.
It's more prudent to look at the ratio of owners and renters, which is 1.85:1, there are almost twice as many owner households than renters.
This didn't sound right to me - according to the census bureau there are nearly twice as many owners as renters in America (1). So I'm not sure what discrepency you're pointing out there.
And anecdotally there was an explosion in demand last year while interest rates were crazy low and the rate of first time home purchasing was similarly crazy in my area. It was very easy for people to get the money to buy homes, but there was a shortage of housing stock.
(1) https://www.census.gov/housing/hvs/files/currenthvspress.pdf
Renters are close to out-numbering non-renters by double digits.
Those are incredibly new phenomena. It's hard to over-state how different things are now compared to even 5 years ago.
I will be surprised if there isn't an open electoral revolt against land owners in my community over the next 10 years. And not just pro-housing policy, but policy explicitly designed to punish.
I don't have an opinion on LVT, but the idea that home owners are the primary organized electoral power base is, I think, shifting quickly in many communities. Landowners, I think, I have two options: find ways to fracture/disempower the rent base in the communities where they invest or else find a way to keep the number of non-renters well over 50%.