> Housing costs haven't dropped enough IMO to declare a win. This is a fundamental misunderstanding about inflation. If inflation goes to 0%, housing costs wil

> Housing costs haven't dropped enough IMO to declare a win. This is a fundamental misunderstanding about inflation. If inflation goes to 0%, housing costs will stay exactly where they are now. You are looking for a deflation in housing costs, where inflation is < 0%. We had that in 2008 and it caused...collateral damage. The only real way to lower housing prices is to build a lot more housing. So yes, it's a government problem in that we don't let private actors build housing to meet the market's demand.