Housing costs are much higher, but you still need to live somewhere. An extra bedroom or two isn't a ×10 increase, it's ×1.2. Even at £200k (allowing some infl

Housing costs are much higher, but you still need to live somewhere. An extra bedroom or two isn't a ×10 increase, it's ×1.2. Even at £200k (allowing some inflation since 2012), that's leveled over two decades. Obviously that blossoms then explodes if you fall into the fashion trap of assuming price means quality, particularly for schooling. But these are largely optional costs. Relocating for better state schooling often also grants more affordable housing, at the cost of commuting. If you're already a million up, there are many option. Even if that is somehow equivalent to your yacht, if that's the springs-to-mind opportunity cost, do you actually want children? Or would you rather have a boat?