Majority doesn’t own their own homes, the banks do. The majority also doesn’t owe anywhere near what the home is still worth. The majority DID buy a home when it was worth practically nothing, and now it’s worth has exploded because people and companies are hoarding homes, to make sure their prices rise, by limiting the supply.

Sure, some people stand to not make as huge a profit as they possibly could, but it’s not like they’re going to lose money, they’re just not going to profit as much as they hoped they would.