The 2021 outcome of real-estate investing: Hundreds of applicants for each available rental (news articles & personally witnessed). People w/ cash in the bank

The 2021 outcome of real-estate investing: Hundreds of applicants for each available rental (news articles & personally witnessed). People w/ cash in the bank have nowhere to go. Low/no available housing means few/no employees. All cash buyers are locking out financed buyers (eg: 1st time) from the market.