Speaking personally, the value of my house means little to me. I plan to live in this region for a long time - when my house goes up, other houses in the region go up. When my house goes down, other houses in the region go down. My house may be worth $1million, but selling it and buying another will get me the same house as when it was worth $500k.
It only matters if I decide to sell it AND move somewhere else. Which probably isn't going to happen.
It only matters if I decide to sell it AND move somewhere else. Which probably isn't going to happen.