[refurb]

Yup. You can’t be “half in” the market. You’re either entirely in or not. Otherwise every intervention just squeezes the balloon and it bulges somewhere else.

The problem is a lack of housing. You either live with higher prices (reduced demand) or increase supply.

Everything else is just a shell game.

[JKCalhoun]

Maybe the lack of affordable housing?

I mean if you own a parcel of undeveloped land are you going to build a small mobile-home park or expensive condos? One of those two is going to make you a fantastic profit.