How about we just make 20% down the minimum on home loans? That'll pull the price down pretty fast. We can slowly increase the minimum until we're at a reasonab

How about we just make 20% down the minimum on home loans? That'll pull the price down pretty fast. We can slowly increase the minimum until we're at a reasonable point above 50%. And also reduce the maximum allowable term to below 30 years (should be 10-15). If done over a long enough time period, we can still give some appreciation to home owners (at least to match inflation), while also making the market saner in the long term. Otherwise, we're just encouraging rampant price growth and making homeownership exceedingly difficult for normal people. Soon, banks will prefer to give a 100 year loan for $3 million for a modest home to an investor than the same loan to an individual (because who can pay a 100 year loan, or make the monthly payment on so high a principal).