The credit based system is already dominated by people with capital. And I admit that same general bias would likely appear in homeownership statistics in a no

The credit based system is already dominated by people with capital. And I admit that same general bias would likely appear in homeownership statistics in a non credit based system. But the systemic problems of indebtedness and lack of access to credit (either bad credit or no credit) would disappear. Your greater point may be right, that leveling of the playing field will be all for not because the still existing wealth divide. To your point to the costs. I think the home costs are already generally the cheaper part in most real estate purchases (ie the land is worth more than the home). And those costs (like everything in society) are artificially inflated because the pricing is set in a credit based system where price is based on future ability to pay/not what one can pay out of pocket today.