[EvgeniyZh]

> in the end, everyone needs housing, every single house would be occupied just as now, but instead of having renters being squeezed by supply and demand you would have owners.

Not every house is occupied now. Not everyone will sell at loss if they can't rent out. So more homeless people?

What about people who don't have any savings living paycheck to paycheck? There is clearly some floor on housing price and not everyone can afford housing even at zero margin. Giving out free mortgages like it's 2007?

What about new housing? With lower prices supply will further decrease, and in places with high prices it's usually already insufficient.