Yes, the way to do it is to tax investment properties. Many states already do that through the homestead exemption though. https://www.quickenloans.com/learn/h

Yes, the way to do it is to tax investment properties. Many states already do that through the homestead exemption though. https://www.quickenloans.com/learn/homestead-exemption https://www.quickenloans.com/learn/homestead-exemption Another problem is everyone wants to live in the same few places. Missouri's average house costs around $250, which is pretty reasonable, it's just a lot of people don't want to live in Missouri. https://www.zillow.com/home-values/32/mo/ https://www.zillow.com/home-values/32/mo/ The housing market in Detroit is even cheaper: $76K for an average home, what a steal! https://www.zillow.com/home-values/17762/detroit-mi/ https://www.zillow.com/home-values/17762/detroit-mi/ If you think you're going to get cheap home prices in places Silicon Valley or NYC, it's just not going to happen because everyone wants to live there.