I know I bought more house than I initially considered, partly because I knew that rates at the time were going nowhere but up, and the home prices too. (Though

I know I bought more house than I initially considered, partly because I knew that rates at the time were going nowhere but up, and the home prices too. (Though I wasn't buying simply with a rising price in mind.) Even with that, I generally play it safe (20% DTI), so I can only imagine how extended some people are and how that affects the pricing.