There was a thread here where the increase in loan terms was discussed. With housing prices being so high. A 10 -20 year increase in the loan will be a drop in the bucket. That means people will be paying equity, which interest only loans didn’t do at all. If people could barely afford interest only, how are they going to afford a loan that actually pays equity? Japan had 100 year loans, it still didn’t help. I’ll try and search for that thread.
The doom and gloom you often refer to is people trying to figure out where the economy is headed. If you look at what people often talk about, they talk about how to invest so if inflation does come in large amounts your money is protected. If it’s moving your cash into gold or in foreign currency etc. I think your perception is a bit skewed.
