Wealth that isn’t concentrating on the 1% will be diluted as part of inheritance. Those from a poor background will continue to be screwed no matter how well they are doing. Tabitha who makes clogs for shitzus as a job (standard person on uk real Estate shows) will co time to live rent free massive houses while those working and living in the cities massive rent and commuting will do tie to pay far more tax.
That’ll be true when my generation is old and when yours is old as well.
My house is well sized for our family of four. I don’t plan to move out when the kids go to college nor as long as I’m able to live independently. People who don’t like that are entitled to their opinion but not to my acting in accordance with their wishes.
Thanks, I understand now. That makes sense. It may be though that as the older generation shrinks, the newer generation enacts new zoning regulations. That could change the composition and mix in current residential areas now dominated by large single family houses.