I don't see a resolution without a major event. My wife and I have been looking seriously for about a year. We made an offer last week but somebody else offered $50K over askin. $50K!! I know this is a butt fucker of a decision but I have an expanding family and I'm out of time and I need a bigger house.

new entrants can't get in unless they 1) make bank, 2) have a rich sponsor, or 3) went ugly into Bitcoin early.

old owners can't move because their property tax could 2x-10x

owners with some equity can't move because property tax plus interest rates

owners with multiple domiciles won't sell because of the taxes