While I don't understand everyone's financial situation, in the USA a TON of people own homes. It's not just them, but some of their friends and family influenced by
In the USA, owning a home is considered a status symbol and a sign of competency. The culture is such bullshit. I've seen so many people buy a home and suddenly turn into scrooges. It creeps me out.
It's gotten to the point that I've just figured: "Buying a home and starting a family turn you into a bad person." I'm sick of watching people change and treat their homes as proof of their value in society.
I was reading something about oxytocin ("the love chemical") being tied to racism. I'm not at all surprised by this anymore. Especially when you see how much "bonding" can be tied to territorialism and selfishness. When it's "us against the world", that's a big fuck you to the whole entire world.
The reason why is because the older home owners are the most important voters so campaigning on lowering property prices by eg building homes and getting rid of regulation is perceived as political suicide.