Start by banning China (and any other country that doesn't allow US citizens to own land) from owning property in the US. Something tells me when you get rid of all the foreign profit lords, that property will be much more affordable in many areas.
"You must sell."
"Okay, this 3br house is $10MM. It's not selling."
Eminent domain?
Are we going to do that for the huge swathes of vacant homes we already have, too?
That is sure to go down well.
If demand grows while supply stays constant, any 7th grader could tell you the consequences, but this basic fact seems to elude our elected officials.
Barring one of our largest financial partners (and largest creditors) would certainly have a devastating effect on our economy.
0: https://www.americanmanufacturing.org/blog/entry/congress-ex....