You’re too fixated on the market price.

Market price is just a measure of wealth, and an incomplete one.

Owning a home over the long term which you can enjoy is by itself wealth.

Get people a fixed 30-year rate so that they can buy their home over a long period of time, rather than paying rent without accumulating any equity.

We had a whole decade to do move a ton of long-term tenants into homeownership for very cheap and missed the boat. Next time the interest rates come down, we should be prepared for that.