Your original point was that a country doesn't "decide" to make an asset class appreciate or depreciate. I just gave you an example that the country can decide

Your original point was that a country doesn't "decide" to make an asset class appreciate or depreciate. I just gave you an example that the country can decide it can make an asset appreciate. In Australia's example it can make investors take more risks. Did you also forget that the US govt created Fannie_Mae so that banks could issue more home loans, guess what happens when you issue more loans to more people, house prices go up.