My clever intuition and 20 years in the mortgage industry. Sure "some" markets will prob adjust will adjust back after the pandemic if supply increases. Interest Rates are bound to stay low, Biden's giving all our money back to people in grants and stimulus checks, and raising the minimum wage, creating more competition. A lot of people who were bound to expensive markets like NYC and San Francisco realize they can work from anywhere and are raising up the prices in cheaper area's of the country. Except you're new normal. Oh, you're in California yep 2028.