Nice try, but no.   A rate hike, and other measures to restrict crazy lending, will eventually give us a price crash, and a benefit to young buyers (lower prices) much more valuable than low rates.  The issue is that we need to drastically restrict foreign buyers (students, "in-out-visa-immigrants", tourists, etc. etc.) BEFORE the prices drop/crash.  Otherwise we simply make it even easier for them to vacuum up property, AND in doing so prices would not drop as far as they should.