Assets that don't increase in value are "losing money", per economic theory. Homes are a low interest money sink. You can buy a home, hold it and get a decent return on your money. You can also mortgage the home at low interest, and gamble that money for higher interest in stocks, etc. You can use rental income to offset your mortgage costs.

This is a perfect storm for pushing up costs and denying lower income Americans the ability to pay rent and buy homes.

citations: https://blogs.cornell.edu/cradle/2019/02/11/what-the-federal...

https://www.forbes.com/sites/advisor/2020/07/28/fed-policy-h...