What would happen if wages were legally tied to inflation?

It was a throwaway generalisation to indicate our general standard of living is generally better than it was 25 years ago. Of course, houses have significantly increased in price but there's also plenty of explanations for that, not least things like occupancy rates of houses with more single occupied houses driving up demand. Along with a growing population. Again, something we (or a significant number of people) actually want(ed) or think (thought) necessary, whilst simultaneously completely overlooking the consequences of having fewer people living in households and increasing demand for something and thus the price of it. Or simply the widely held view that property is somewhat speculative and a sound basis for improving your wealth (mainly because everyone knew demand was outstripping supply). But theres lots of other metrics, like reductions in absolute poverty (being able to afford entertainment like netflix), options available to people (buying lattes a few times a week instead of having coffee at home) etc which show improved standards of living over the last 25 years. Things like absolute poverty are weighted more towards the very poorest, obviously, so likely to be less noticeable if youre in an otherwise not absolute poor state. Again which is easily overlooked. Its a bit like imaging yourself in victorian times as anything other than having worked from childhood on a weaving machine or on a farm. Likely to be completely unrepresentative of the most likely situation. Again somethign of a throwaway comment given i don't know your exact situation, you might come from wealth in which case you should understand you where particularly lucky.