The dad's role in the story didn't really puzzle me.
Anne's father has been missing for most of her life, so she resents him on a deep level. On top of this, there are numerous instances where the movie hints at the dad being an alcoholic. The alcohol makes the dad into a "different person" altogether, and that's essentially who you see in Anne's dream. You're seeing "alcoholic dad," a foreign almost inhuman figure. He is also very authoritarian, wielding a hammer and ordering his daughter repeatedly to open the door.
It's obvious that Anne fears him and also doesn't fully trust him even when he's being nice/normal in real life. The implication is that his nice exterior could be a facade for the monstrous side of him that comes out when he drinks.
I don't quite agree with another poster's hypothesis that the dad is the "protector" and trying to keep her away from Mark, because whenever the dad finally gets her alone (in the dream), he keeps asking who she is and seems to hold her accountable for the fact that he's blind. His abducting her from the paper house seems to be motivated purely by vengeance and anger.
Also, I think the scene where "dream dad" is destroying Mark's bicycle with the hammer is one of the most important scenes in the entire film... maybe THE most important.
What I took from that scene, intuitively, is that "dream dad" represents everything wrong with adulthood. "Dream dad" is destroying the innocence and hope of childhood. The bicycle represented Mark's hope to walk again and to live a fulfilling life, and "dream dad" figuratively crushes those hopes. Dream dad's implicit message is that once you're an adult, you're miserable, blind and devoid of any compassion -- a jaded shell of who you once were, trying to take vengeance on the world for "what they did to you."
This adult = bad, child = good motif is further compounded by the landscapes. Whenever "dream dad" is in the scene, candles are blown out, everything is dark, and there is hell imagery with fire and brimstone.
Whenever it's just Mark and Anne, they are in a beautiful green field next to the sea.
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