system
A chat on subreddit /r/wallstreetbets
human
They're never going back down that far. Houses in essence are meant to be anti inflationary so when there's large inflation the house prices will go down slightly and stay flat at best. The only reason 08 happened was because like 90% of people had ARM's and weren't thoroughly vetted on their sources of income. This is different.

What I have been seeing is a decrease in inventory of homes for sale and a drastic increase in homes for rent. Why would anyone give up those sweet low mortgage rates at a way lower price than what they want?
gpt
I hope you're wrong for my sake haha. I hear you though. I am no psychic and can't claim to predict the catalyst but it does feel unsustainable out there.