I respect your opinion and believe me, I would be "happy" if it were to happen (I do not own a home and have been squeezed by my rent going up 15%+ a year, even

I respect your opinion and believe me, I would be "happy" if it were to happen (I do not own a home and have been squeezed by my rent going up 15%+ a year, even though as a techie I'm still in a privileged position). But I do not think it will happen, there are too many people with too much cash who will be able to both weather a storm without selling their house AND scoop up inventory as it comes to the market. A lot of people with 2.5% interest rates are laughing in the face of inflation right now, they effectively got paid to borrow money and they are raising rents on their investment properties like crazy. I know because I work at a FAANG and it's literally the water cooler conversation of the year. Nobody worries about RSUs having gone down 30%, they'll just hold.