And as far as "making it up in dividends and stock values added to their investment portfolios"; nobody touches their "investment portfolios" without then having to pay a tax on the sale of said stocks ( which would then raise their bracket, probably ), which doesn't make any sense. Also...FYI...stock values fluctuate; they just don't keep on going up and up and up! And since nobody knows what the future holds, a "paper profit" is MEANINGLESS; puts no money in your pocket!
If there is a boom in housing costs, in your neighborhood...without selling your home, do you then have MORE disposable money in your pocket? OF COURSE YOU DON'T!