.; the devil's in the details and I don't believe we currently have the same drivers in the current housing market that fueled the last real estate crash (high sub-prime lending rates and IMHO more importantly, variable rate loans with 5 year teaser rates; in the last crash prices fell due to the spike in foreclosures, and foreclosures were driven by sub-prime adjustable rate loans adjusting).  

So here are a few potential drivers towards a solution:1.

If they come in droves it can drive RE prices in a significant way.

My daily driver is a 2007 Acura TL Type S that I got 3 years ago. 

It’s a nice saving, but shouldn’t be the driver for any major decision like selling.

They will either have a low paying but meaningful career such as Police, Fireman, Teachers and Teachers Aides, Bus Drivers etc.

My daily driver is a Audi Q8, I bought it a year old used and I paid cash for it, it's also a tax write off and it makes me happy (and safe, thanks assistant systems) every time I drive it.

Just like so many gig workers (Uber drivers, e.g.) who never add up their real expenses to find they're only making $9.50/hr with no health insurance and a massively depreciating asset.The world needs competently educated people to work in a civil society, not a bunch of people who think they're entrepreneurs but can't find anyone to just hang drywall, flip burgers, mop floors, or teach their kids.

They're not doing it because they have a concern that other landlords aren't as good to tenants as they are or because they want to do society a favor (unless they truly are doing it in a philanthropic sense, but I don't believe this is often a primary driver).

In a recession consumer mobility is lesson, as is purchasing power, which is all drivers for more people to rent as less can buy.