Governments will do whatever they can to ensure that nominal values of homes don't go down

They will provide tax benefits to real estate investors, give new home buyers discounts, and make it easier to get into debt to buy a home

All of this is an attempt to make it look like the housing market in their country is appreciating

Why?

Because they know that everyone's money is broken and savers need a place to keep their wealth

When the home prices in a country appreciate, wealth makes its way into the country

But when housing prices constantly go up, the majority of citizens are hurt

Newer generations can't buy homes

Wealth becomes more concentrated with a small group over time

More people experience homelessness

Some people own 30+ homes, while others can barely even afford the rent on one