Yes, Lets say crash is imminent. Property owners will lose the...

Yes, Lets say crash is imminent. Property owners will lose the value of their houses. Non-property owners still have to rent with a rent increase, that's also money down the drain.

Again the winners are:1) fully owned property owners that they bought a while ago;2) people who geared property because their business makes too much money &3) cave dwellers cause they pay no rent nor interest.