Who gains and who loses with high house prices?

High house prices are demanded by foolish Ponzis, enjoyed by real homeowners, and favored by politicians pandering to both groups.

Why are high house prices the keep rising considered a universal good? Does everyone benefit if house prices are high and keep moving higher? When house prices move...
http://ochousingnews.com/blog/who-gains-and-who-loses-with-high-house-prices/