The "own nothing" wouldn't be so bad if there were massive reasonably priced rental units being built, but that's not a thing either. NIMBYism is killing rental too.
"own nothing" may be good in a competitive market with lots of small players that can't feasibly fix prices and engage in cartels. Reality has not been like that. At least where my sight reaches, every commodity our days is engaged in cartels and (somewhat) regulated.
