i am sympathetic to this viewpoint because the incentives for homeowners are mostly orthogonal to that of increasing home ownership for all. why would a homeowner support increasing the supply of housing when it drives down the price of their home?
Because I have children that I would like for one day to be able to afford a house.
I mean, OPs idea was silly beyond belief. Even the socialists dont say: "The only person who can profit from this are the capitalists (necessarily) who first build this. The buyer can't make a profit from the re-sale".
I met a builder once that you probably have never heard of. He is a billionaire. He can profit from the sale of homes, but my parent's can't? Never mind that the tripling of the price of my parent's home over the last 22 years was driven by silly economic policies. Otherwise the house would have appreciated maybe 50%.