We don't tolerate it for cars and furniture because you can take them with you when you move. If I had to sell my car and buy a new one every time I moved, you can be damn sure I would rather rent one. And buying/selling cars is a lot easier than houses.

Another thing to consider is that houses come with a 6% commission to pay the agents. If I have to move a few years later, and can't sell the house for 6% more than I bought it, I have to take a capital loss.