There was a comment earlier about getting back to 2% interest rates. The 2% interest rates are genuinely dangerous. They genuinely are. There is a reason prices expanded so rapidly in the decade of extremely low interest rates. The bottom line is.... People alluded to the idea of why we are investing so much money in real estate. If it's an 80% or 95% leveraged investment at a rate that's below inflation, you're going to have many participants, and that will drive up the price of houses.
That's my answer to that question.