Home ownership isn’t a guarantee, even for people who work 80 hours a week. Maybe you think the people who work 80 hours a week aren’t smart enough to deserve a home, they’re just doing “unskilled” labor and that on its own isn’t enough. An issue with that is it’s not skill that determines wage, it’s market value (we could also get into why liberals think a skilled individual deserves housing while an unskilled individual deserves to be destitute). I make $150,000 a year as a 26 year old who didn’t go to college because I have a particularly strong interest in programming that I’ve been cultivating for the last 14 years.
I know people who have similar interests in art, have put in similar amounts of time and effort, and can’t make more than 60k a year. In the next decade that’ll be me too, I’m in my mid 20s and I realize these are my peak earning years because AI is going to destroy the labor market for programmers. I’ll be lucky if I can make over 50k a year by the time I’m 40 doing this kind of work. I’ll likely be working at Walmart or a similar retail outlet if I’m lucky.
This is all good and well for capitalism. My labor serves the interest of capital as long as I’m not being outperformed by some automated system. My value as a human goes down as technology improves, so I’ll eventually be making less and less until I get pushed out of this market entirely.
The alternative world where everyone has access to a home regardless of their social status is better. People shouldn’t lose access to their homes when technology improves and pushes people out of work, but that’s what will happen.
Unemployment will skyrocket, housing scalpers will continue to demand rents, and the reserve army of labor will grow as the needs of capital get increasingly served by automation.
Capitalism will continue to serve the interests of capital until it literally collapses society. If enough of the economy is automated away at that point, the bourgeois class will have a utopia, and the rest of us will waste away by slowly starving to death or being outright killed if we attempt a revolution to seize the means of automated production.