Having social housing or low-cost rental housing owned by the government with an option to purchase does not sound at all bad.

We have social housing for low income people, is that not enough? Do we just need more? How much more?

https://en.wikipedia.org/wiki/Subsidized_housing_in_the_United_States

Have you heard of the term the ‘projects’ - it’s provided housing, but many of the subsidized housing areas are more like a 3rd world country than our prosperous 1st world country. Is this the policy you’d like more of?