They could choose a different lifestyle, but they value the one they have. That's fine, but that doesn't mean I'm obligated to subsidize their preferences.

Owner-occupiers can and do refinance to turn their wealth into cash. It's routine.

> they value the one they have

So do you. I assume that you like to eat? Farmers are how that happens.

> refinance

Are you familiar with the downsides of refinancing?