IMO what a booming population will mean is:1. Yields grow as...

IMO what a booming population will mean is:

1. Yields grow as rental stock diminishes

2. Higher yields on current stock put a "floor" under current prices.

3. Depending on how economic conditions play out; either a lot of side ways action and people buying only for yield plays

OR

Another round of new found optimism and corresponding price growth.

With the need to investment properties to satisfy rental prop demand I cannot see the Bear's much desired crash coming anytime soon.