The inflation we're seeing now will make it unlikely that housing prices will burst. What's more likely is that it eventually flattens out and remains stale for some time. Most mortgages these days are fixed rate, meaning even if the feds change the prime rate, their mortgage rate does not change. If someone's mortgage payment remains the same but all income and other costs rise due to inflation, the mortgage will be a smaller overall % of their overall liabilities and thus easier to afford. In addition, there are hundreds of new laws and lending requirements to prevent borrowers from obtaining loans they are unlikely to pay back. Meanwhile, rent changes every time a new lease is signed. What will happen as inflation raises costs for landlords?