[daotoad]

The problem is most people won't take that attitude. For most homeowners, the home is the largest asset.

This is a Catch 22 for elected officials. We must reduce housing costs dramatically if we do so, we will devalue significant assets of a large number of active voters and political contributors.

I'd love to see some ideas on how to pull this off, because we need them.

[bojan]

The home is the largest asset, but the one you're living in. I personally agree with the other guy, I'd happily support a housing market crash, artificially induced if needed.

However, it's more nuanced. I can support risking that my house gets less worth than my mortgage, because I consider the probability of not being able to pay off my mortgage very low. I am guessing that people who feel less secure financially do see a house as a last-resort asset, even at the price of their children not being able to afford a home. And that's the root cause that should be fixed with policy I think.

[autoexec]

There are a few things I wish we'd do in the US. We could not allow foreign investors to buy up properties in the US to use as short term rentals (airbnb) when they could instead be purchased by Americans and filled with families. We could also increase vacancy taxes to help encourage property owners to fill the millions of empty homes found all over the country. We could also decrease the wealth gap so that more Americans have enough money that they don't have to wait until they are 40 years old to buy their first starter house. (https://nypost.com/2025/11/05/real-estate/median-age-of-firs...)