>...households that would have formerly expected to buy, however, are increasingly finding themselves priced out of the market, substantially by investors who t

>...households that would have formerly expected to buy, however, are increasingly finding themselves priced out of the market, substantially by investors who then place the property on the rental market... This is exactly the core of the problem: without aggressive intervention, it is always more profitable to buy a property and rent it than to live in it. Potential owner occupiers will eventually always be out bid by investors in an uncontrolled market. There were abundant measures to prevent this installed during the 20th century. They have been eliminated over the last decades and without them the market will naturally come to look like it did before the 20th century.