I think a lot of it has to do with where you live too.
Where and what. One of my colleagues asked in a work group chat about houses "up to x amount", which is about twice the price of the house my wife and I bought. Most people (not in the chat) were like "really?" - I have no idea what their financial situation is, but it is either a hell of a lot better than most people, or they are going to max their loan amount.
btw, when did you guys buy?
My wife and I were just talking about that. We bought nine years ago. We would actually like to downsize at some point. 1600 SQ Feet is just too much house for the two of us.
Yes. My wife and I will do the same at some point too, but hopefully it will be a handover to our daughter of this place, and then a move into a little cottage by the lake or sea.
That sounds like a perfect plan!