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Not just capitalism, but all forms of corrupt, greedy governments.
The whole "we have plenty of housing if only the greedy capitalists would give it to us" claim is very much false. Empty homes are typically empty for a reason. They are being remodelled, or are searching for new renters, or have been condemned, or are in a legal limbo of some sort, etc. The idea that rich people are buying homes en masse and then keeping them empty makes no sense, since they would make more money by buying those homes and then renting them - then they get appreciated home values and rent money to warm their cold, capitalist hearts.
What is actually happening is far more mundane: people are moving to more desireable areas, and are choosing to live in smaller households. A two bedroom home that used to house mom and dad and Jack and Jill in their bunk beds now houses only Jill, plus her home office. And you can't force Jill to take in a homeless man as a roommate, at least not in a democratic society.