Hard agree onnmany of your points. Part of the issue with housing is how investment based home ownership is. We need to start looking at those investments as investments - a risk based choice that can be impacted by outside factors because of a change of needs of society. It certainly sucks to be on the loss of returns side if a risky investment… But a society where no one can have a secure place to live is going to eventually destabilize, crash and burn and that need is greater than the need for a profitable portfolio.

One of the many issues with a liberal free market is that we become accustomed to being very callous about the small fry at the bottom and more or less ambivalent or openly hostile about the sharks at the top but it’s the medium sized fish in the middle that nobody wants to hurt. They just “played the game right” not nessisarily taking more than their perceived due and not doing so astronomically better that their plight cannot be empathized with… But if they are the ones who are somehow crashing the ecosystem - even if its through no fault of their own - they will go down with it when it does and if it comes down to eating the costs of keeping everything afloat or everybody loses - well a choice to take everything down with them isn’t a noble one.

When enough people aren’t hitting the very base needs on the Maslow’s Heirachy of needs you start seeing a lot more widespread disordered ability to function and eventually if the course doesn’t properly correct we could see it do so in an abrupt and violent way. That does mean thinking collectively and realizing that the true ethical choice is the one that might hurt you in particular and sacrificing individual gains for the benefits of a community.

Not an easy thing when we have as a society been trained to be fairly misanthopic.