While its true its still only worth a house. If more housing drives home prices down, its still worth one house. If prices go up, its still one house. When your

While its true its still only worth a house. If more housing drives home prices down, its still worth one house. If prices go up, its still one house. When your kids need a home of their own in the area they need one house per kid. One house does not become multiple houses in any market unless you buy worse houses, throw in a loan, or move away where homes and job opportunities are less. In either case, whatever housing policy happens doesn’t change much about how this form of inheritance works. And if these kids never buy a house and merely rent and throw money in the stock market, their kids might inherit more than any equity gain would have given them I expect and doesn’t require lucking out being born early in a hot housing market either.