Mixed reaction at best. Politics cannot solve the problems pertaining to real estate. It needs to be left up to the free flow of the market . In which buyers and sellers react to values created by demand It is influenced by the availability of financing ,where the consumer can readily qualify with funds available to borrow and purchase with.
Politics can influence policies and improve oversight which can than create more confidence and clarity.
The key to housing is affordability and income. Economy depends on jobs. Governments cannot create jobs the private sector can.