Rental prices are going absolutely bonkers almost everywhere. Vacancies are very low and it takes a long time to bring MF units online. I don't see that changing much, but supply vs demand could worsen if builders stop building SF homes.

Disagree that your house value shouldn't be included in your net worth. I report mine at LCM, but still - it is an asset and it belongs on your balance sheet. Very little weight should be applied to its value in terms of evaluating your financial wherewithal - the SEC agrees with that in their accredited investor definition. Probably what you meant.

Changing the subject - I kind of think of my house as my self insurance for long term care.