No, the solution sounds obvious to me: build more housing stock. Otherwise, the established real-estate values of the Baby Boom owners can never be realized as sales. A commodity that's too pricey won't sell, and the prospective seller will go broke. Only way is to lower the prices.
I realistically believe in this solution but also this is where our current market model would stop stare at the solution... and turn around (the price is hardly going down), imagine being the guy trying to sell the property for some company, would the company acknowledge this solution or wait it out to sell at next buyer, in summary this is where it stags probably being the right solution.