How can we lower the price of homes in the USA?
Lowering home prices in the USA would likely require addressing both supply and demand factors. Increasing housing inventory is key—this could involve removing zoning restrictions, streamlining construction permits, and incentivizing homebuilders to create affordable housing. Additionally, creating policies that help first-time buyers or low-income families access homeownership, such as subsidies or tax breaks, could stimulate demand in the market. On the demand side, tightening lending standards and implementing higher mortgage rates can help cool off an overheated market. However, a balanced approach would be necessary to avoid causing harm to homeownership opportunities for many Americans.