I'm not not. Something has to change to break the positive feedback loop for loans on limited-supply assets, to restore the concept of ownership.

Destroying 'collateral would be quite drastic. I'm pointing out that it is equivalent to making student loans non-secured, regardless that one arises out of contracts and the other from more recent lobbying.

Simpler would be to eliminate banks conjuring money from thin air, or perhaps to just raise interest rates to the point that essentially interest-only loans once again become untenable.