The solutions I’ve seen require a fundamental rethinking of the way housing works in the USA (and most places), where renting just turns into another way to build some amount of equity, and the property managers are under more democratic control. More of the process subsidized by the local government, in the same way that water treatment is.
Arguably it’s renting by another name, but the central point is to strip the profit motive out of it (some salaries are needed, but in a system with more regulatory oversight) and to allow the renter to get some financial benefit so they aren’t simply pissing money away.
Apologies in advance for that vague response: I’m not an economist or real estate expert, so I can’t back up that general idea with any kind of details or evidence it’s feasible.