Homownership is good for many people at various stages of life. But it is not unambiguosly good for everyone all the time. For some, it might not make sense at all. We need more alternatives to owner-occupied housing. More non-market housing is part of it. IMO, purpose built rentals even moreso.
Oh The Urbanity!Example #2 of the strangely common idea that the real problem with our housing system is that rentals exist. And that we solve housing not by having more housing, but by forcing rentals to be condos only for ownership.