1. No: housing bubble crashes, and the 10+ years of your life crashes and burns with it. That's your good investment decision

2. True.., but the era of net negative rate mortgages, a minutes hike in rate will trigger a wave of defaults

3. That's only thanks that in the west that "unique inflation hedging property" is a result of decades old self fulfilling prophecy

Housing market in US is, I believe, the best examples of "ECON 101" vs common sense and reality.