This is a common sentiment and credit supply is probably a contributing factor to the run up in housing prices. However the value of the asset you’re buying is

This is a common sentiment and credit supply is probably a contributing factor to the run up in housing prices. However the value of the asset you’re buying is highly sensitive to interest rates in both directions. It is a bet on decade-long uncontrollable monetary inflation that will also push wages up so you can actually sell or rent the house to someone at the end of it all.