also aren't able to cash flow properties anymore. That means that when the out-of-state demographics stop buying houses, there will need to be a correction back into the range that locals can buy. There will eventually be a major recession and when that happens Utah's market will take a hit.

Inflation will also cause the interest rates to really jump and the nationwide market will grind to a screeching halt.

Long-term, Utah's market looks better than just about any state, but I foresee a day when house prices will drop nationwide when we get into stagflation (high unemployment + inflation).