Honestly, that would be great news, and I hope you know many Americans would support deregulation of zoning laws for exactly this effect. A drop in housing prices is exactly what we need. People treating home ownership as an investment are the problem, home ownership should be more like owning a car: it's a commodity, not an investment. We should not be subsidizing poor financial decisions, I feel bad for everyone wrapped up in it, but ultimately the system we're in has been broken for a long, long time