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this post was submitted on 11 Feb 2024
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I feel trapped in my house now. I just barely squeaked by in 2017 and got a house for a decent rate/price (what now seems like a steal compared to current prices), but I feel like I can't really go or do anything else now. I'm just stuck in this situation until either the kids move out or until my spouse or I dies. Like yeah, the price of my home went up, but so did everybody else's, so I'm probably only looking at downsizing in a decade or so, otherwise, there's not too much else to strive for, just building up retirement money, hoping it'll last me past until I get diagnosed with some major medical condition or if I even ever live to see a day of retirement.
I'm in a similar position to you, still better than paying off a landlords BTL mortgage!
But yh, can't say I'm not pissed off at the two generations before mine that were given everything and then collectively voted to pull the ladder up.