[car_analogy]

What good are rising house prices unless you sell your house, and don't buy a new one? Presumably the vast majority of those older home owning voters still need their sole house to live in, so they don't benefit from rising prices (and may be harmed by them if property values are used to assess taxes).

[hakfoo]

I think the traditional narrative was that when you were ready to retire, you'd dramatically downscale your housing. Any children you raised were (presumably) moved out, and you no longer had to consider a commute, so you could sell the four-bedroom family house in an older, closer-to-the-city suburb for $N, and buy a two-bedroom condo/house/manufactured house in a further-afield retirement community for $N/3.

[dixie_land]

easy, you just gotta have more than one house.

Real estate are great investments, just don’t count your own residence as one.