The downside to making home ownership popular by making it a “no brainer” asset is that you have to keep making it a “no brainer” asset indefinitely. 2008 was

The downside to making home ownership popular by making it a “no brainer” asset is that you have to keep making it a “no brainer” asset indefinitely. 2008 was people finding the boundaries of the equation (“just how quickly can we make prices go up?”) and the foreseeable future is a slower continuation of that game: housing will keep getting more expensive but not better because current asset holders will pull all the levers they can (outright blocking supply, making it more expensive to build via things like below-market-rate requirements, etc) to keep the train rolling. Honestly the inevitable fallout is probably one of the greatest risks to the current societal structure (probably tied with climate change). Let’s hope Gen Z is up to tackle both.