years of insane crazy low 3-4 percent mortgages - held by owners of many houses - keeps them from offering their houses for sale. A strong (yes inflation but jobs and wage growth) economy keeps the demand high - relative to this reduced supply - even at 7% (which in historical sense is not that high)
My advice to people like you is to quit watching CNN/MSNBC and start watching your pocket book. The party that spends the most/sends the most overseas is the party that's bankrupting you. Figure it out. Always vote for your wealth, not freebies and vote buying for others.