You also have to factor in that the fed will try to push unemployment above 5% to rein in inflation. Overall, expect a slower economy over the next year or two

You also have to factor in that the fed will try to push unemployment above 5% to rein in inflation. Overall, expect a slower economy over the next year or two, and along with it, slowing price increases and, in some cases, price reversals. If we repeat the 70s, expect this to cycle, with periods of inflation followed by periods of tightening. Further, houses are just way too damn expensive relative to disposable incomes from a historical perspective. Personally I don't expect a crash, but I do expect a softening in most markets followed by stagnation.