The market is inflated, we are definitely in a bubble. The avg person cannot afford to get into a house right now if they didnt already own and build up a ton of equity from owning already.

There's a moratorium on evictions and foreclosures, otherwise the market would be saturated with homes. Particularly in Vegas (record unemployment), but people can just stay in their houses for the time being without paying a thing and they are doing so.

Rates cannot get lower. Probably. I guess we could see negative interest rates.

We are probably going to see some substantial inflation. That alone may be enough to prop up the results of the real estate bubble.

The government has NO incentive to do anything but print money. With mounting debt, printing more and more money will be the governments only recourse, and they WILL do it because if they devalue the currency by 10%, they effectively lowered their debt by 10%.

Who really knows what will happen?

Probably best to bet that the government will be printing more and more money though and plan accordingly.