In the long run this hurts even the homeowners. They can never move and they're slaves to the needs of their home. At that point the home is equally a liability

In the long run this hurts even the homeowners. They can never move and they're slaves to the needs of their home. At that point the home is equally a liability as well as an asset; if so much of your worth is tied up in it that you are destroyed if anything happens to it, isn't that slavery not freedom? Sure they may feel some selfish benefit if housing prices go up but it's a terrible prisoner's dilemma - everyone else's home values are going up as well; so you can never sell or move. For people that have a home because they need a place to live and not as an investment, that's not wealth, it's just a number on paper.