"Housing isn't a commodity"

Yes it fucking is. People using their house as an asset commodity which builds wealth. Saying that people shouldn't be trading up their houses is the exact reason how the middle-class gets to the upper-middle class.

"Which regulations?"

Bitch, federal pseudo-corporations own almost all mortgage debt in America. Do you even FHA?

"Housing isn't a commodity"

Yes it fucking is. People using their house as an asset commodity which builds wealth. Saying that people shouldn't be trading up their houses is the exact reason how the middle-class gets to the upper-middle class.