[AbeKrieger]

Looks like the strategic deployment of more "affordable housing" might be needed to chase people out of their neighborhoods.

[Phosgood]

The first impact will not be only on the top price market. There are many "flip this house" in middle class neighborhoods that have been leveraged by inflated equity in loan considerations.
These overpriced houses must now be moved quickly and only the "affordable housing " lenders are stepping into these Federally backed loans. You will be surprised who your new neighbors will be. Follow the school buses in the AM and you will notice your neighborhood is quickly getting much younger, among other things (at taxpayer expense). Many of these houses will have multifamily occupancy.
Your local assessors will be much slower to lower your taxes than they were to raise them.