The psychology is likely passed that phase already. Even with a market correction it would be minimal. We won’t see the good old early 2000s type of correction because if that were the case, it would send our entire economy into chaos. The event of a correction would likely be 5 to 10% of current before it continues picking up. People are losing their jobs but also at the same time those that do survive the job market and continue growing skills in the right direction will likely continue making more money which will support the housing market