The housing and culture aspects mentioned are the very small tip of the dark side iceberg.

Some of the other aspects: 1) The weaponization of profiling and targeting capabilities

2) Complete eradication of of the cultural notion of "Privacy" :- most people coming of age today think nothing of sharing the most private info in search of a few baubles (Likes, discounts, whatnot)

3) Pervasive and inescapable monitoring in every facet of our lives

In short - all of the preconditions are there for a venal system that might give rise to a (technologically)ultra-capable fascist.