Even so, the housing market problem is largely a modern one - we went from a society where the majority of homes were multi-generational to one where homes are nuclear. So per capita, the demand for homes has skyrocketed. But also as baby boomers are retiring and shedding assets, I would anticipate this situation could improve itself in 10-20 years.
The administration is doing some pretty horrible stuff by modern first world standards, but is not actually out of alignment with how politics existed before the Cold War. We'll probably witness the end of Pax Americana, but society can continue to exist even in illiberal times where war and violence are more common.
