Regulate the banks tightly, because their borrowing short and
lending long causes most financial crises, but in general, the government errs when it encourages us via the tax code to do anything.
«Though the main
long - term drivers of housing activity remain stalled — namely below average growth in median household income, labor force participation, bank
lending and household formation — metro markets continue to get a boost from pent - up demand
caused by the low inventory that plagued housing for the past two years,» Redfin researchers note.