If they all rose the same equally everywhere you'd have a point, but that's not really the case. If your home in Palo Alto goes from 750k to 3M and a house in A

If they all rose the same equally everywhere you'd have a point, but that's not really the case. If your home in Palo Alto goes from 750k to 3M and a house in Arizona goes from 250k to 550k you benefit by selling your house in Palo Alto and moving to Arizona.