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No, unless we separate housing from investment, it will never be affordable. I don't foresee the political will to make it happen.
This is the biggest issue right here. Houses weren't always investments and making them investments was a terrible idea that's now difficult to fix.
Real estate has become a huge part of stock market and GDP figures. People's retirement funds have become other people's mortgage and rent payments. Affordable houses for some would mean economic decline for others, and no political party wants to create economic decline.
And it's a flawless design if you ask me.