I honestly just don't see how the housing market is sustainable the way it is. The scary part is that if properties all gets swooped up by commercial enterprises most of them would rather leave a property vacant than to lower the price to make sure it's filled. Let that sink in for a second. When average Joe can't afford property, and it's all bought up by those who will make the prices too high, you end up with homeless people and vacant homes.
Either housing prices need to come down or interest rates need to come down. Or really both. Because we aren't headed anywhere good unless suddenly wages skyrocket. Which isn't going to happen. And if they did, it would have other catastrophic impacts. Simply put I really think we are on the verge of a bit of a crisis. Despite what old Joe has tried to tell people, the economy is in a really bad place.