"Instead they remained renters not by choice."

Your narrative surely fits less than half of boomer renters.  There are many folks of all generations that live hand to mouth, who work just enough to scrap by, and who do not have the discipline to save and invest.  Your stereotype of victimized boomer renters is overblown.

Anyway, as our society experiences increasing socialism, there will be less incentive to work at one's capacity and to save & invest, as the government will be there as a safety net with housing, food and medical care.