Future Of Real Estate

[Account Closed]

The great Brandon Turner had an interesting post on his Instagram today about the future of Real Estate. In the post he talked about how he believes prices will level out over the next 10 years, stating that prices in cities won’t go down but everything else will rise making the US more like Europe or Australia, making the prices of properties super high and renting for very little. Do you agree with this and if so what does it mean for the future of real estate investing?

[Filipe Pereira]

I'm not sure I follow @Account Closed ( I didn't see the post, so maybe that's it)...but: 

If home prices rise, and loan products don't change, and we don't see a large jump in average income, then who will be able to afford these homes at higher prices? And if people can't find homes to buy, doesn't that make them renters, and thus the rental pool continues to get bigger? And if that's all true.... and the rental stock stays the same (presumably it will in terms of small MFR) then how do rent prices not keep up with the home prices?

To me it's all supply and demand, I'm not sure I see the supply for rentals getting any lower if home prices continue to climb...