This. You have become the first I have read since 2007 that understands this part (the only part) of the problem. The actual value of a home is whether it puts people where they are useful to a place. The housing 'bubble' is a symptom of the process of creating losers out of the masses by putting them where they are useless, in houses that destroy places, dependent on high waste levels for energy, materials and time only to benefit a few who own these processes.

Meanwhile, people cannot get a sense of what their lives are for because consumerism has consumed their usefulness so there is none left for their place, children or future.

Prices and bubbles are symptoms of the regression to the mean Mean.