This is exactly what happens when you invent fractional reserve lending and inflate a currency.

First, you make borrowing money for certain assets easier, so people begin to borrow more for the eligible assets, ballooning those prices against the rest of the economy.

Then, the debasement of the currency begins to build a preference into the eligible assets which will hold their true value against inflation.

Then you breed an economy and legislation that favors investment in said assets, creating what we know of as the real estate industry, the value in which is deceptively mixed, being both real and artificial.

That will correct itself when the debt banking paradigm is dissolved and hard money is reestablished. In the meantime, however, it would be foolish to resist the system and not invest in real estate. Recurring income can't be beat.