[missedthecue]

The bank isn't selling you the house, the current owner is.

If you can afford to pay the current owner, you don't need a loan. I don't see why the bank is the villain here, "preying" on basic needs. In your ethical framework, that's the current owner, who refuses to sell you his home at a massive loss so that you won't need a loan.

[totony]

Credit being normalized increases demand which increases prices, which forces people to take a loan (ad infinitum, one of the reasons real estate is always in a bubble)