Housing has been captured by people seeking a return on capital. There needs to be a recognition that housing prices rising faster than inflation and wages is overall bad thing.

That owning a home is sometimes the only way for middle and lower classes to build wealth (and even then, only in a handful of markets) is an indictment of a economy that's not robust and not working for the majority of people.

However, there are too many people making too much money off of housing that I would expect things to change soon.