It’s alarming career politicians still don’t know basic economics.

1.) Responsibly deregulate housing construction & speed up the process for approval 

2.) Decrease government spending to decrease inflation rate

3.) Lower interest rates because of lower inflation

4.) Incentivize new construction purchase via tax benefits/breaks

There you go, there’s your policy. Increase housing supply, which will lower prices & reduce government spending to lower inflation and, in turn, interest rates.

They’re much better off influencing markets than they are just spending more money, which always does more harm than good. Work with supply and demand, not override it.