The increase in property value is only realised upon sale and unless you are downsizing it's not "real money" because there is stamp duty, moving and other associated expenses that will reduce that increase substantially. As @moondoong has pointed out not everyone owns a house so your point is fallacious.
Therefore the ALP's "plan" whatever it was (have you seen it?) has failed.
Just one more election promise broken to add to the plethora that we are already well aware of
