Not at all. Those of us who are older often want to downsize. I sell my home and buy a smaller/cheaper home. The inflation gain I make on my home is higher than the inflation loss on the smaller home. (just do math, 10% of a million dollar home is $100,000, 10% on a $500,000 home is $50,000). That's a positive. Inflation helps homeowners toward the end of their big days. Strangely enough, I am almost certain I heard that theory many years ago from a Republican (I am almost certain his name was Limbaugh). Anyone who is at maximum home size likes inflation, as well as those looking to move from home to apartment.
And also anyone wanting home equity loans.
All that said, it would be nice if we didn't have this inflation. I've linked the stories over and over and over and you must never read them, we have been building way too few homes since 2008. Sooner or later supply and demand were going to be a problem.
And that article notes that we are building more high end homes than low end, so that explains much of the problem with starter homes. We have had and still have a massive housing shortage.