It's actually about people not wanting the largest investment of their life to change in ways they don't like.
Trying to find the amendment in the bill of rights that guarantees your investment will go up. Can you point it out to me?
"House as investment" is a terrible outcome of the North American housing market.
“I invested a lot of money in something and my ROI is literally more important than anything else.”
Two comments about this... - "Housing as investment" might not be the best policy - Side effect of above, people have strong incentive to ignore all the negative externalities caused by that policy (ie, sprawl and lots of car mileage when society would better with more compact towns)