I get this argument but.. also I have problems with it. Even if your net worth increases on paper, if you’re living in the home that’s meaningless, because tha

I get this argument but.. also I have problems with it. Even if your net worth increases on paper, if you’re living in the home that’s meaningless, because that value doesn’t mean anything until you sell it. So for most old people the increase in value is actually a problem, because it means that their property taxes go up. The only people that really benefit from this is large institutional investors, and maybe house flippers. That’s where I would assume the political pressure is coming from.