Most people don't seem to mind inequality (the difference between the lowest-earning and the highest-earning cohort) as long the average (or more likely the median) person is able to prosper and even grow wealthier over time.
When you look at housing we already have reached the pint where things have gotten worse for the median due to inequality. We have a few percent of the population that can afford very high prices and raise the prices for everybody that way. This is clearly a problem of inequality.