Canada

it was noteworthy that 47 per cent of people aged 55 or older also wanted housing prices to decrease

This is a really big deal. People in that age bracket are almost or totally done their careers. Their savings, pensions, and houses are all the wealth they're going to get. They're going to need those to fund their retirement.

For them to say their house is worth too much is a big deal.

Meanwhile, our home starts are lower than they need to be, so we'll need to find other ways of lowering costs. Unless we want to follow the "let's wait for wages to catch up to prices" strategy.

Outlaw corporate ownership of ALL housing. Houses should be used for housing people, not speculation.

I can’t find the webpage now, but about a month or so before our last election, there was a webpage where they iirc gathered signatories from people who wanted housing prices to lower, and a good portion of them were retired.

Fuck polls. Do people want the grocery prices to go down as well? Can't say, unless a poll is done I guess. Polls either may be right or they may be wrong but we seem to let the poll results push us down certain paths without any further research being done.

In my area, a “starter home” that would have been listed at $860,000 a year ago just sold for $770,000.

This minor correction seems to be happening in a lot of places. But realistically, this correction needs to keep on happening for a few years before housing begins to line up with employment income again.