I think you are an outlier if resale value doesnt matter.
It matters to me for many reasons I doubt you find sickening or sinister. It matters because my family might want or need to move for work. It also forms a major part of my retirement, and how I will feed and take care of myself in advanced age
It makes perfect sense that it has financial value to someone else, because it would take a tremendous amount of material and labor to re-create if it burned down.
what part of your house are you going to eat in your advanced age? if you sell your house, you no longer have a house.
What is your plan? Sell your house for money, move to somewhere cheaper, and use that money to live? What will you do when housing is too expensive elsewhere as well? Is uprooting your life near the end when you need the most care really the ultimate plan?
That is a pretty normal cycle for most people and it makes perfect sense.
You buy a house, use it to save on rent and protect your retirement from inflation. Come to old age, you reverse mortgage or sell and go back to renting. Many people need to downsize anyways as their energy and capability decreases.
It is pretty unrealistic to expect that everyone can die without breaking into what is their largest expense in life.
It's pretty normal, but I don't agree it makes sense. You've spent your whole life in Anytown, USA, and the plan is to determine a birthday at which to sell your home and move away from all your friends to Florida? Or maybe they move with you? What about setting down roots and living in the same house from generation to generation. I mean, to each their own, but housing as an investment is what leads to this "logical" conclusion. If housing merely tracked inflation then we'd have a different situation.
It matters to me for many reasons I doubt you find sickening or sinister. It matters because my family might want or need to move for work. It also forms a major part of my retirement, and how I will feed and take care of myself in advanced age
It makes perfect sense that it has financial value to someone else, because it would take a tremendous amount of material and labor to re-create if it burned down.