In the short term you are right but long term rental market could drop out as people choose to buy instead of rent freeing up lots of housing (people selling th

In the short term you are right but long term rental market could drop out as people choose to buy instead of rent freeing up lots of housing (people selling their rental investments as their returns dwindle) so that supply matches demand. Regarding low rate mortgages... you remember 2008 and the years leading up to it?