Suspended
- Joined
- 17 Oct 2011
- Posts
- 5,707
- Location
- Buckingamshire
It's not though is it? if house prices increase, the cost of living also increase, we're all crammed onto public transport and work 12 hours a day instead of 7 or 8 then our quality of life isn't improving. So no I'm not wrong.
Except that isn't true for all. If my house increases in value then great,but my mortgage is the same or less (higher LTV). It's an issue for people buying, but that's not a uniform issue.
No argument about QOL though. I commute 3 hrs a day and have been for years. Can't imagine I'll be able to sustain the pace for ever, so the point will come when I'll need to retire or look for something closer to home on less money.