Or, Congress could simply pass a statute temporarily eliminating land use restrictions in areas where median home prices exceed 3x median household incomes, until that ratio goes down to 2.5.
While that might be a sane policy, Congress has no role or right to interfere with local zoning. Take it up with your local city council.
The state here in California blocks building outside where they want people to live. No mass housing developments.
Porter Ranch near Los Angeles took 20+ years to get approval for just 3,000 homes plus a shopping and some commercial buildings. Their are 18 million people in LA and Orange county and the San Fernando valley.
20+ years for one project!!