You’re right ZK. When people involve emotion in to the thought process of their investments, whether it be real estate, stocks, etc. they tend to make irrational decisions. The past few years have provided homeowners’ a windfall of money that they most likely would never have realized by just saving by doing nothing more than just owning a home.
But just remember, as the saying goes: “easy come, easy go”. Everything is cyclical and all assets eventually return to a mean.