Housing prices are strongly related to fiat monetary system. Since neoliberal deregulation of the 1980s allowed commercial banks to issue fiat debt funding toward any purpose- not solely productive ones- house prices have escalated, pumped up with ever increasing debt leverage which rewarded speculators and banks all the way up. This was however a massive infringement and abuse upon the fundamental principles of Keynesian economic theory. While the price of money/debt declined from its 1980s highs, property prices steadily rose. Now that the price of money has bottomed out and is likely to rise, property prices are much more likely to stagnate if not decline. Many people will struggle to accept and cope with this change. The neoliberal FIRE economy has been played out and it leaves a huge pile of unproductive debt burdening the economies that allowed this massive abuse of Keynesian principles. This could be a major trigger to the collapse of the US banking system and US hegemony itself.