There is a logic to this. Private developers will not make multi-year, large capital investments in something if they think that its value is guaranteed to decrease. That should be obvious.
And we desperately need to increase supply. For better or worse, we do still live in a capitalist society so its going to be up to the private sector to increase supply, with the govt providing an incentivizing role. The govt ever saying anything like "we need to bring house prices down" would paralyze private sector investment into building houses.
FWIW, in my esteemed position as an armchair big-social-problems-fixer, the solution is obvious: Govt investment/subsidies to convert downtown commercial real estate towers into condos. Instead of forcing people back to the office to salvage what's left of the real estate value for those empty towers. The owners get their handout, people can continue to work from home, it's good for the environment too! I dunno, I think it makes sense.
If I was on that instance and subscribed to this community, I wouldn't see these posts any more? If I wasn't paying attention would I even know it was gone?