First of all. Kids. Ha. No.
However, this is an interesting observation, since homes used to be placed where you entertained guests. You had people over for an evening to drink and share stories and everything.
But, we're not a sentimental age. Millennials, Gen Z, etc.... Everything has been made to be temporary for us. There is no permanence. We don't buy homes, we have to rent because all of the homes are being purchased by a handful of people in that area and their being converted into rentals. The most expensive things we own are our cars, and even then, it's probably a lease, so that's basically like renting the car anyways, just with more steps. We don't need to get together for social time in our homes. We tend to go out and borrow a table for an evening at the local pub, or go to the beach or something. We rarely meet in person, often drinking alone but together over the vast world wide web.
Speaking of the Internet, there's so many people on there, that most of our connections become extremely temporary. We'll meet, play together, laugh together, and depart within hours. The likelihood of seeing eachother again is slim to none, and even if it happens, we probably won't remember.
We're in an age where you're not friends with the friends you have on Facebook... Your Facebook friends is a long list of people you met once or twice and never saw again, now permanently a part of your life on a friend's list you never look at. It's become a meaningless thing to be on someone's friends list.
All of the things that should be permanent are so ubiquitous that they've lost any meaning that they had, and that's how we live. Temporary particle board furniture, that will swell up and disintegrate with high enough humidity. Temporary connections from tinder or whatever. Temporary hangouts at a local location... We don't "do" hosting anymore, and when we do, everyone is too focused on a screen to notice that your furniture is falling apart or that you have no unnecessary stuff . Having things is a statement of wealth, because you need to have some place to put them, which means real estate. We are not wealthy. Our parents generation ensured we couldn't be when they became capitulent in the dismantling of unions, and the destruction of the middle class. They spent their wealth and our inheritance on retirement, which was made to be worthless sums of money by the economic inflation that they wrought.
The current generations have been beaten into submission to accept everything as temporary and be happy about it. We are frequently convinced that we like it like this.
We do not value these things because it represents a permanence that we neither care for, nor have we ever enjoyed.