B/c we are devaluing our money to zero to maintain asset prices (houses). It is not right but it is happening. You aren’t seeing any inflation b/c people are still losing jobs but those in the have category are wise to pick up real assets at very low interest rates. There is no guarantee that housing will appreciate short-term but I think the only way interest rates can go is up so this is an ok time to buy if you were going to buy anyways
