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Housing prices are everything. We all die. Now or in 50 years barely makes a difference in the grand scheme of things. But imagine dying and your family can't even grieve because your dead carcass fell behind on rent and was tossed out in the trash by your slumlord to get in an Indian family.
I am trans and people have threatened to murder me for my existence before I started passing. In both my country of origin and my current country of residence there's a concentrated institutional effort to effectively extinct people like me from public existence by various forms of lawfare and propagandistic fearmongering.
Don't get me wrong, the rightoids will come for me, and after that, they will come for you, too, that's just conservatism for ya, but when they do come, I'd rather meet them in my owned house, filled with guns and ammo, and maybe a nice pet dog by my side that I'd look after and let escape before shit hits the fan, rather than a rented flat I can't even hang a poster up in without incurring some fine or fee.
And if they don't come, a house is an asset, the asset, it's retirement and it's everything, pensions wont be a thing by when I retire, and trust me being a minority with money is much better than being a minority without.