The 30 year mortgage already has future rate expectations priced in. You are not smarter than the bond market. If rates stay higher for longer home prices will stagnate
or go down, you can’t predict which will happen.
You think the bond market knows? I don't think they do otherwise rates would not be change dramatically.
My point is that housing prices have historically kept going up. I'm not referring to YoY trends, but median long-term. I think prices will continue to rise over decades, give or take a market correction, because demand is still strong.
