I just do not think the sentiment warrants much comment as 1) it makes no sense because it is so easy to assess the RE equity that you can use the equity to purchase anything that you want to purchase with the equity gain 2) most investments that appreciate the realized value is only when you access the gain. 

@Alec McGinn, I agree with your sentiment.

My company works with a lot of investors (we manage their property) and the brokers that they use are our partners and this seems to be the sentiment across the board.

For all of you local SA folks- what is your sentiment around these tiny homes?

Sums up nicely my sentiments on this entire situation and is perfect perspective for concerned parents.

He's been traveling all over and spending a good deal of money to take courses, go to conferences, etc but the overall sentiment I get from him I think is half of the answer to your question.He, as well as those you describe, is basically on a quest for "The Perfect and Best Way" to invest.

I would echo similar sentiments in regards to the type of investments (Class of asset for example).

I won't lie and say that house has some sentimental value to me at some point (I raised two of my kids there for many years), but now it's just become a headache and a nightmare.

Agree on the 'can't beat the IRS' sentiment, I think that was the realtor's excuse.

It's important to maximize your assets, I agree with your sentiment here.