Not in time for people looking to buy soon. I think eventually it may happen but it might take decades.

No in this capitalism situation there is no more chance with the actually prices to own an house.

Not unless we reduce the amount of red tape necessary for new construction. A market with super high housing prices should naturally correct itself as those profit margins attract new investment, but we clamp down really hard on new construction via nimbyism and over precise zoning laws.

I’m hopeful

In a democracy, it usually requires a majority of people to feel the same. Right now, in almost every Western country, most people live in owner-occupied housing. Most people are perfectly happy for prices to keep going up. So they’re fine with high migration and slow building. Slowly, the number of owner-occupied homes is decreasing, but we are decades away from the flip. When it happens, it’s going to be extremely destructive. Generations have and will have been locked out of home ownership. There will be all kinds of punitive taxes on property.

Narp.

Either the housing market will crash after some new laws are applied that specifically target landlords.

Or the price of buying houses will catch up with the cost of building them.

When either of those will happen, I do not know.

Depends if the next pandemic kills 50% of the world's population.

It's all based on supply and demand. There is not enough housing for everyone to have one at a price they can afford. The price depends entirely on what the wealthiest buyers are prepared to pay, or rather what a bank is prepared to lend them. It is nothing to do with how much the land or bricks and mortar are worth.

The only way you'll get a price drop is if the amount of properties go up or the demand drops.

We've had long periods of <1% interest rates. We've normalised 40 year mortgages. We've invented "shared ownership" schemes and "help for first time buyers". None of this has bought the prices down. It's done the opposite and blown them into the stratosphere.

When climate change gets bad enough that the world goes mad max there will be plenty of houses to choose from. That's assuming the SHTF in your lifetime and you survive.

Aside from that, no.