One factor that doesn't get mentioned often is the global hostility towards East Asians due to the pandemic and Chinese politics (Japanese/Korean unfortunately get lumped into that bucket)
In my experience, this mentality or approach ends up being terrible for a few (i.e. the ones that end up having to do the work) and a net-negative for all. It breeds a culture of deception that feeds on itself and creates widespread insecurity. Not an enjoyable way to spend a big chunk of your life.
Not from my experience. I lived in a neighborhood that was previously dominated by SFH and has since transitioned to mostly townhomes/apartments.
It's lucrative for a select few (i.e. early sellers) but once it passes an equilibrium point (i.e. too many apartment buildings, townhomes, etc.), developers move onto more lucrative areas and would-be SFH buyers no longer find the area desirable out of fear that a giant apartment or townhome will go up right next to them.
In my city, SFH-zoned homes are skyrocketing whereas SFH in non-SFH zones have still grown in value but at a far lower rate.