Too bad he's light on specifics here - basically "we have to DO something!" - but his more detailed message includes repeal Citizens United, increase billionaire taxation, improve public infrastructure, fix up and use old homes to create low-cost housing, and other things. Creating an economy of owners and renters and squeezing out the homeowner class has been the trend for decades. It's been called modern feudalism and other things, but it's not new at all, it's making steady progress, and it shows no sign of slowing down.