Doctor Drivel wrote:
You are saying houses should be inflation proof.

That's a difference argument. Arguably, *everything* should be
inflation proof. "In 1939 $50 of groceries would fill three
station wagons. Today I can lift $50 of groceries with one hand.
I must have got stronger."

In 1939 ... A house £50,000. The house is now worth £350,000,
... The owners of the house, land, made £300,000 for doing NOTHING.

They didn't make £300,000. If they sell, they've got to spend that
£300,000 to buy somewhere else, unless they have no further intention
of staying alive. The only amount they would "make" would be any
difference if they managed to find a cheaper house.

JGH