It's not that dramatic. Consider if everyone got a check for $1 million. Except you. Would you like that? Probably not. But not because you're an unkind jealous

It's not that dramatic. Consider if everyone got a check for $1 million. Except you. Would you like that? Probably not. But not because you're an unkind jealous person. You would not like it because if everyone else suddenly has significantly more money, the money you had before is suddenly worth less in terms of what you can afford to buy for it. Same goes for other assets like houses. If houses are suddenly worth more your savings are worth less.