> I've pretty much resigned myself my game plan is to suck all the capital I can out of the united states and then play the same game somewhere else where I can be the big bad foreign investor buying housing.
This is absolutely beautiful showcase of the core issue here, and HN is definitely not above it - if you own, you are happy to see your (potentially only ever) investment to gradually rise in price (or often more like matching inflation) and all is good within limits of reality. You don't care about some social justice or poor people yelling.
If you are on the other side, then all is bad, social injustice, we should rehaul whole system because owning my fucking big house is a basic human right given by some Geneva convention (writing this from same Geneva right now). There is no middle ground apparently.
Mankind is selfish, simple as that, and absolutely nobody is above that, its just a basic human trait in same way as having 2 hands.
I've done few (happy to say now) rather small investments in stuff like stocks, crypto etc. They all bombed in medium term although were stellar short term, crypto probably long term. No way I am ever pouring money into that casino again, and most people don't even have my level of knowledge of those topics. Housing is something most people reasonably grok, can understand + and -, cashflows and maintenance required, etc. Plus you can actually live there. You would have to make owning properties in general absolutely horrible for people to not invest in it, if they can. Ie here in Switzerland there are various punishments for owning, ie imputed tax on potential rent even for your primary residence, and people still buy whatever is available.
And with earth population growing higher and higher, while everybody wants to live in the rich cities or very close to them, the policies would have to be very draconical to reverse the trend. Now which politician, regardless of country, would ever do that to their voters.