I understand how it works, I don't think if I bought a house for 100k that is now worth 1 million I would move across town for a shorter commute like the parent

I understand how it works, I don't think if I bought a house for 100k that is now worth 1 million I would move across town for a shorter commute like the parent suggests. I would loose money from transactions costs and loan fees. My school district would change, along with other neighborhood amenities. It will more then likely work out better to commute a little.