I agree. This is likely a result of central bank policies pushing rates down for so long. I bought recently because rates are so extremely low and the govt has committed to keeping them low for a long time. Rates went up very slowly after the Great Recession and this time will probably be the same. Add to that a growing population (here in Canada) and housing prices will probably keep going up a lot.
I agree with what you are saying but you can't compare jQuery and React - they are very different tools.
If something works for you and makes life easier then you should use it. There is no right answer. You just need to be honest with yourself when planning things out - am I using this technology because it's new and shiny or because it is the right tool for the job right now.