If having a mortgage disqualifies one from being called a "Property Owner," Trump owns nothing.
"Redistributing Wealth," is inherent in Capitalism. The money "redistributed," to build the proposed new houses will be redistributed to lumberjacks, cement and gravel miners, equipment operators and truck drivers, nail, window and pipe makers, carpenters, concrete workers and window installers. people who make, sell and install wood, vinyl and carpet flooring, employees of baking, Real Estate and related companies and all the businesses where these people spend money from their paychecks.
Richard Nixon introduced the first "peacetime," Wage and Price controls. They worked to solve gouging then. Something like them would work today/
A "plan" when implemented is more than a promise, it is the realization of a dream. Home Ownership is a cornerstone of "The American Dream."
The fact is, we know what the positive impacts of government encouraged, or subsidized, home ownership can have on the overall economy and specific sub-sets of it from decades of VA and FHA home loan activities. Unanticipated positive effects, like less crime among people who feel connected to their communities, are "Out There." also.
Today's Republicans look at our economy in its transition from the Covid Recession to the vibrant envy of the Free World countries and some not so free and see nothing but possible problems. Democrats look at it and have problems seeing beyond the possibilities being realized every day. I know which team I want to be on.