I dont blame anyone who got on the property ladder this way .
The problem as I see it was twofold
Artificial scarcity drives up prices, for example a three bed terraced house in Totnes valued at £168,000 has a rebuild price for insurance purposes of £66,500 meaning over £100,000 is "created" in value in the "planning permission" which is controlled by a combination of Central and Local Government without regard to everyone's need to live some where, and with no actual wealth having been created.
Second the money from those sales was not applied to creating the next generations right to do the same hence the near impossibility for non sub-prime mortgages for first time buyers which leads us to the mess we are all now in