cheap loans for some, and inflated asset prices for those who own assets. Most people don't think "can i afford this house", they think "can i pay the monthly p

cheap loans for some, and inflated asset prices for those who own assets. Most people don't think "can i afford this house", they think "can i pay the monthly payment". Add to this the frenzy of asset prices increasing and FOMO, you get a real situation where people who were waiting to buy, buy now because they think they will miss out on cheap loans and increasing asset prices.