Absolutely (although you got the motivation a bit wrong). The renters who are against new housing are doing it solely out of lack of intelligence/education -- they don't understand that more housing means poor people can rent more housing, even if everything that gets built is a luxury apartment, since eventually equilibrium will be reached.

The owners who are against growth, who are the majority of those against growth, are doing it simply to prop up their real estate prices.

I'm probably one of the rare homeowners who is for more housing. I think my house is ridiculously overpriced and should cost 1/2 as much, and would if they would allow people to build. I don't care though because I bought my house to live in, not to retire with.