I use logic and accurate interpretation of the data in my assessment, all these counter arguments use statistic butchering and hopium. Yet people cling to the narrative for whatever reason. Bias is a hell of a drug.

If inflation persists at 4-5% we will see 6% mortgages within the year. Many are blinded by the last decade of low inflation. If inflation suddenly dissipates, due to a shock etc, then housing prices can preserve at these levels.