This is a solved problem though. Britain in the pre-Thatcher years bought up a ton of properties, rented them out at pretty reasonable rates, and thus punctured the bubble and made it so that private landlords were free to do literally whatever they wanted to do (no trying to artificially hit control levers in the economy or legislate people into economically unviable situations), but you couldn't really do a bangin' business just buying up properties and renting them out anymore. People who wanted investment income would find businesses to invest in instead, rent was cheap, and the government got a steady stream of income to do whatever they wanted with. Literally everyone wins.
Of course, because it interfered with already-rich people being able to get richer without doing any work, Thatcher hated it and got rid of it. The US probably can't make this happen for the same reason. But there is a simple answer to this problem that's proven and works.