I completely understand that fear, but while it may seem that everyone is house hacking, it also seems that way when you are surrounded by RE investors, there is still plenty of inventory of renters out there, and always more people moving to Denver for work, and don't want to jump straight into their own place, or don't know house hacking.

The junk hauling is just free inventory and it covers his dump costs.

Yep, just saw a BP post on how can I alter my numbers to have investing make sense in this low inventory climate. 

Case in point, here are highlights from the October 2020 Central Texas Housing Market Report just released by the Austin Board of REALTORS®:Closed sales in the Austin-Round Rock MSA were up 29% year over year and up 22% in the City of Austin proper.The median sales price in Austin was up 13% year over year to $441,250 and also up 13% in the greater metro area to $365,000.Inventory remained critically low, dropping 1.2 months to 1.1 months of inventory in the MSA.

Interestingly the number of listings are "down" right now because of very tight inventory.

Per my above comment, my guess is that this segment of the US economy will continue to feel hurt and require additional stimulus to support both income and housing needs, leading to a very low risk in widespread foreclosures adding to available inventory.

But as with most property types in Central Oregon right now, the inventory is just so low.

Here is the current inventory: https://www.flexmls.com/share/...Right now I am reaching out to MF owners to find a very specific property type for a BiggerPockets member, also from the Bay Area.

I've got buyers looking in Arcata right now (super low inventory) so get it to market please ;)

Inventory is low now, some people expect that to change when eviction moratoriums are lifted.