[arevno]

> cheaper housing would help the kids more, but that has more entrenched interests opposed to it (almost every homeowner)

I hear this often, but as a homeowner, I don't understand it. Assessed value tracks market value, and the last thing I want is property taxes rising.

The only homeowners who would prefer rising prices are those looking to sell or over-leveraged landlords.

[rossdavidh]

What you say makes sense, and yet what I find in reality is that almost no one thinks this way; they want their house to go up in value. Perhaps everyone assumes that they will sell sometime in the next few years?