felt a lot like my memories of being a seven-year-old on Christmas Eve – a sense of excited, giddy anticipation for what tomorrow would bring.
The immiserating effects of unaffordable housing don’t end with the magical moment you first twist a key that you own in the lock of your new front door. For a start, I’ll be paying even more in mortgage payments than I did in rent.
Perhaps the house is smaller, or has a longer commute time to jobs in the city centre. Perhaps it does not have outdoor space, or is not in quite as nice an area. Perhaps that extra bedroom for the second child you’re hoping for isn’t feasible. Perhaps it’s further from family and friends than the buyer might have liked, making childcare more expensive in the process.
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