Rising housing prices in the US is basically how a lot of people are able to retire - and if they're lucky, provide some gift to their children/grand-children t

Rising housing prices in the US is basically how a lot of people are able to retire - and if they're lucky, provide some gift to their children/grand-children to start off. This causes people near retirement age to fiercely oppose anything that would devalue their house. It represents their life's savings.