Will inflation lead to a housing market collapse?

In 2008, America went through a major financial collapse. As a result there was a housing crisis unlike any other in modern times. The 2008 economic crash was the worst in decades. Starting around 1999, subprime mortgages began to be given out in record numbers. A subprime mortgage is one where the borrower has a lower credit score and an income level that puts them at risk of default. Experts say that led to the 2008 housing market collapse. Fast forward 14 years and inflation is the highest it's been in decades. Many in the real estate industry say, today's market is as challenging, as it's been since the fallout of the '08 crash. Low housing inventory and astronomical inflation rates have led to many Americans being priced out of the housing market. The inflation rates are causing interest rates to increase significantly. In November of 2021 average mortgage rates nationally were at less than 3%, now about 6 months later the average rate is at 5%. With that said, today's question is will inflation cause a housing market collapse?