If interest rates go high enough to stop inflation, house prices will fall to probably half what they are now. We are already at peak all-time high unaffordabil

If interest rates go high enough to stop inflation, house prices will fall to probably half what they are now. We are already at peak all-time high unaffordability (in terms of income to price ratio) in terms of house prices as a result of this bubble. A lot of people will end up underwater. And maintaining high employment is no guarantee.