Well, they should buy so that we can rent, but who would buy? Thus, some people should stay in the marketplace of traditional assets, who like this kind of invesment.
I agree that housing prices will drop and renting will increase because many people can't afford to buy house with such prices.
I will buy. Many others too. At the end of the day, it is better to be an owner than a renter, but it has to be considered case by case.
The drop is coming.