Even with real estate, as others have said, you still have to worry about property taxes, so if you can't afford to pay $1000 for toilet paper, you can bet that many of these homeowners are going to lose their property from unpaid property taxes when the value of the home increases exponentially.
Property taxes in many places can only increase x% per year. They can't simply follow the market or whatever the corrupt property appraiser deems your home is worth.
Even with real estate, as others have said, you still have to worry about property taxes, so if you can't afford to pay $1000 for toilet paper, you can bet that many of these homeowners are going to lose their property from unpaid property taxes when the value of the home increases exponentially.
Property taxes in many places can only increase x% per year. They can't simply follow the market or whatever the corrupt property appraiser deems your home is worth.