To think being happy with a modest home should the norm?

[DinDinDin]

Obv it depends on where you live and your income etc but pretty much every person I know either lives in a big house or is trying to trade up a modest home to try and upgrade for a bigger place. Some of these people can easily afford it whilst others are overstretching themselves to make it work. AIBU to think we are all (myself included) a bit too sucked into this upgrade mentality anf the fact that we always strive to have more stuff? I am facing the (very fortunate) dilemma of deciding whether to borrow the very maximum I can afford and stretch for a bigger home or choose a more modest option and aim to pay off the mortgage faster and be debt free sooner in life.
Do you notice the same attitude with people around you?

this is how we are. 2 bed and always spare time to the beach

Sooo many variables to what is right for each person.

We have never stretched ourselves to the limit and always left a small buffer. We moved from the south coast to the midlands and bought a bigger house but for the same price. Our house is big enough, we could extend both single and double story. However it's big enough at present that the kids could live here as adults and not get under our feet. Not too big though that it costs a fortune to heat etc basically a modest four bed house, two baths and a downstairs loo. I can't imagine us needing to go any bigger in all honestly. We've got about £100k equity in a £300k house, it is what it is.