Note the complete absence of any mention of housing prices in this article (and every other pro-Biden article about how great the economy is and why we should be grateful).
Drop in the bucket, the issue is with zoning and how banks are apportioning debt and packaging home loans.
If we want home ownership to be available to the common person, and are unwilling to set a realistic national wage, we should just allow the Fed to issue home loans again and get rid of the middlemen all together.
Biden has done something to reduce housing prices, which was my point. It's a whole different argument to say he hasn't done enough or has done the wrong things - fine, I was just saying it's unfair to say he has done nothing to help.
Zoning and loan structure isn't nearly the problem that wealth inequality is. Tax the fuck out of the upper income brackets, and put it in the hands of consumers to spend and drive the economy and buy fucking houses.
Have you heard of executive orders? Sure he can't do it directly, but imposing a 100% tax on corporations/individuals buying more than a certain number of residential properties? A large tax on rental income from residential properties? Quit acting like he's powerless.