The younger generation in much of the world is looking at the most unaffordable housing market in generations. Anything that lowers the price of home ownership could possibly help them buy.

Unfortunately, as many from 2008 will tell you, a crash leading to more affordable housing and living for you only works if it crashes for everyone else but you manage to stay afloat (aka keep your job, and be relatively sure you won’t lose it at any moment). Otherwise you crash with the housing.

Owning bricks pays off more than working and this will only get worse.

Recessions do tend to lower demand and drop home values. No one should be hoping/expecting prices to drop values significantly though.

presumably not having a mortgage.

or maybe he has fallen on hard times and is looking forward to seeing others experiance his pain.

Humans are weird.

Correct on both counts :)