I have friends who were impressed to see their house has gone up in value by 20-30% or more since they purchased it. But selling is pointless, since they would

I have friends who were impressed to see their house has gone up in value by 20-30% or more since they purchased it. But selling is pointless, since they would have to buy another overpriced house to move into. It doesn't really seem like there are many winners in this current scenario. Unless you're selling to "downsize" or move somewhere cheaper. Or an investor...