(Engineering, law, medicine...)I know sometimes it feels lke you could be using those four years to build a business, but having a college degree is always a good failsafe and those four years are also the best four years in many people's live where they meet lots of good hardworking people as well.

Analytically, one of the major reasons was the artificially low supply levels, as people are not moving as much in the era of covid. 

Regardless, physicians are still in an amazing position to do very well for themselves, if only most of them knew what they were doing (it would blow your mind to hear the speculative nonsense I hear in the doctor’s lounge every day).The culture of medicine aside, I am truly amazed at the possibilities within real estate.

I mean you need a licensed to be a GC right.. you need a license to drive  you need a license to practive medicine you need a license to fly you need a license to sell real estate you don't own other wise why have a real estate division at all..???

When you use an escalator clause how to you verify the list agent isn't artificially boosting the price with other "fake" offers?

@Jim K.If high on cold medicine counts I've been guilty once or twice.

Agree.In 2009, the fed was also printing a lot of money to ease the short term economic depression.The effect of those printed money basically diluted the intrinsic value of Dollar, and showed it effect on Real Estate price from 2012 to 2019.The amount of Money artificially created this time by Fed in 2020, due to Covid19, is about 20% of the total M2.

It's the differences between macroeconomics and microeconomics.Macroeconomics - inflation is up, there is way too much money out there chasing  lower housing supply, interest rates are probably artificially low and we have supply and labor chain issues due to COVID and never before seen levels of government "regulations" at both federal and state/local levels.Microeconomics - Some cities, states, regions are doing better than others. 

I've put an artificial time frame at around 6-9 month.

I knew that they would need to seriously lower the standards for these housing prices in San Diego, where I live to continue to artificially rise for a year or two.