And in the same breath, people are complaining about the cost of living, unaffordable rents/mortgages, high petrol prices and on and on and on. Yet they are spending more than ever even allowing for inflation. Me thinks the cost of living is not as great as some would make out.
Another example, a couple of people I heard about, both work full-time in average-paying jobs, one is taking an extended holiday to Europe; the other, a very expensive cruise to Antarctica. Both are complaining they can no longer afford their mortgages (which were not taken out in the last couple of years but decades ago) such that they are considering selling their residences. Its all about priorities!
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