This really isn't going to change, because it requires people with control to voluntarily sabotage their personal investments. Liberal or conservative, it doesn't matter. All groups of people like to preserve and grow their own wealth.
Even worse is the absolute fuckery from the fed*, which has now created a "Have and Have Not" home owner situation. Where those who are blessed have insanely valuable 3% mortgages on pre-inflation home purchases, and the Have Nots are stuck looking at high rates on heavily appreciated home values. If they can even find a home - you'd have to be forced or brain damaged to give up your juicy 3% mortgage.
So what is the solution?
There really isn't one. The government will do the same old trick of passing "feel good affordable home" legislation, that ultimately does noting, because you cannot make housing affordable without lowering the value of your voters homes.
*This is in reference to the fed being the entity that makes fixed rate mortgages possible. That cost must be borne somewhere, and it is now being carried by non-homeowners. Banks sure as shit wouldn't give out fixed low rates if they couldn't dump them on the fed's balance sheet.
Even worse is the absolute fuckery from the fed*, which has now created a "Have and Have Not" home owner situation. Where those who are blessed have insanely valuable 3% mortgages on pre-inflation home purchases, and the Have Nots are stuck looking at high rates on heavily appreciated home values. If they can even find a home - you'd have to be forced or brain damaged to give up your juicy 3% mortgage.
So what is the solution?
There really isn't one. The government will do the same old trick of passing "feel good affordable home" legislation, that ultimately does noting, because you cannot make housing affordable without lowering the value of your voters homes.
*This is in reference to the fed being the entity that makes fixed rate mortgages possible. That cost must be borne somewhere, and it is now being carried by non-homeowners. Banks sure as shit wouldn't give out fixed low rates if they couldn't dump them on the fed's balance sheet.