Without a doubt owning a nicer house would make me happier. More room for family and friends to stay over. More room for hobbies (a workshop would be great). Nicer views, quieter, fewer neighbours.
“Possessions create experiences”, very true. Buy a games consoles to play with friends. Build bonds. Buy a bicycle to go to a riding meet-up. Get fit. A holiday to Asia is much more ephemeral
A part of me feels the message was pushed as part of an agenda. Own nothing and you’ll be happy…!