Can't speak for your jurisdiction, but I live in the UK where houses are (i) infamously unaffordable and (ii) 65% of the population owns a home, generally sitting on its own plot of land which in much of the country represents a large fraction of the value of the house, and generally representing something that will [have] take[n] a couple of decades to pay off. The remaining 35% obviously skews towards politically uninfluential groups (the young, the poor, the immigrant, those not tied to particular place) and of course people that want to buy a house to set them up for life asap. Home ownership is falling, but not to the extent that the government doesn't see keeping house prices rising as one of its highest political priorities.