Our economic grow rate has never been sustainable just physical resource limits and once most everything cheep is scooped up. What will happen is real estate deflation, where most people hold out expecting better deals later. This will pile onto those that need or want to sell. No amount of financial engineering can prop up the market. When faced w a crisis will push for war but even that might not work hopefully as a war economy requires coordination. Whew looks to be a total collapse of civilization some time soon.

Then they'll rent the homes at high prices, keeping homeownership out of the hands of ordinary people.

Insurance companies have data models tracking all sorts of factors like temp, humidity, soil erosion, wind, rainfall, etc. They can quantify the change in climate.

Imagine that... population density that so overwhelms the environment's ability to sustain it suffers calamity after calamity. This is the result of poor planning and accountability, and will doubtlessly have a profound effect on homelessness and poverty into the future. Home ownership was, in my lifetime, the carrot; the dream that made it worth it to wake every day knowing you could have your own home if you did your honest days' work. That dream is rapidly rising up the food-chain like so much smoke, past the limits of what an honest day can pay. A great day for Capitalism.

hasten the collapse of the insurance industry by buying up properties via all cash. They aren't required to carry insurance. By not paying premiums the investors save enough to offset the risk of loss by 1. geographically spreading the risk of catastrophic loss and 2. taking the loss against profits to reduce taxes. They're also responsible for driving up the overinflated prices of homes. There will be a real estate collapse and when it happens they will be there to take advantage of the crisis. Just my humble opinion after 27 years in the real estate industry.