Well, the government could intervene and solve the issues in a very controlled manner to prevent things like inflation, "debt", etc from increasing.
I would suggest they get as many people with diverse talents/skills in house construction and related industries for the construction of houses especially for those who contribute enough to society but can't afford to own their own homes.
The governments should print enough dollars to channel to the industres in controlled manner. The money should be sort of escrowed in the banks/treasury and gradually released to fund 1.industries that create home building materials that are in abundant supply in the country 2. Fund companies that produce (or can produce) raw materials or natural resources that are abundant in country and necessary for housing constructions and related equipments. 3. fund the house or home construction workers.
It's recommended that those who take part in this should mostly get escrowed or locked funds until certain or all parts of a job is completed, then the works are tested for high quality and the full fund or probably part of it gradually released if set standard is fully or partially met otherwise they may be given more time to complete the work and in high quality to get paid.
Funds moving from one account of a person participating in the project to the other should remain locked until work is done. Strong and healthy competition should be encouraged to get the best people to finish their jobs faster and according to required standard. And they can cooperate to solve the problems and earn rewards.

*These suggestions are designed/crafted to work mostly in USA. So be careful applying it in other countries without permission.