Were earnings in Housing pulled forward due to Covid?

We are seeing in the stock market that various companies earnings came earlier than expected.  Basically Covid-19 made certain "stay at home companies" more profitable since everyone was staying home, watching Netflix and ordering from Amazon.

The same could be said for housing.

All the people who dreamed of a second home and had the means, went out and bought them before anticipated.

All the people who wanted a bigger house, went out and bought them so they could work from home.

This has served to create accelerated artificial demand for housing, pulling forward the purchase of these properties.

NOW, since Covid is receding, and people are "sort of" going back to work. Things are reverting to the norm.  This is the "Linsanity" of real estate.

Basically, like Jeremy Lin an average basketball player who went crazy in 2016, he came back to earth and isn't even in the NBA anymore.

The smart real estate investors will be fine, and those who blindly invested in housing without understanding the markets and products they were investing in are in trouble.

As Warren Buffett says, "only when the tide goes out do you discover who's been swimming naked"