[austhrow743]

People generally vote for things that benefit them.

People who have a large portion of their wealth in housing, and even more so those who have used debt to take an extremely leveraged position on housing, benefit from increases in housing prices and lose out on decreases.

Having a significant amount of voters be in the above position is to make effective government action to reduce housing prices impossible.

So with that in mind, if institutional investors are disincentivised from investing in housing, which group is supposed to take their place?