Reply #2: No, they need to get the speculators out of the market! That is the untold story [View All]

[Morereason]

The reason houses are so expensive is because capital gains were lowered and buying and selling houses as investment vehicles became common. Add to that an unprecidented massive infusion of money into the system over recent years.

There is a very simple answer to the housing crises. Increase tax benefits of home ownership to primary owners and increase capital gains on secondary owners. But be sure to do it over time. That will restore stability and affordableness in home ownership