Not really the absolute price of stocks isn't so much of an issue though the only thing that really matters is how much it's growing for things like retirement

Not really the absolute price of stocks isn't so much of an issue though the only thing that really matters is how much it's growing for things like retirement funds and investing. A house however is a pretty indivisible unit, splitting or sharing a house among many owners is really unusual outside of houses built for that purpose. On top of that not everyone has to own stocks (somewhere over 50% of American's have no stock holdings not even in retirement plans) but everyone needs some kind of home/shelter, be it rented or owned.