> unwillingness to make sacrifices that older generations did?
Ah yes the avocado toast theory. What makes you think that people have changed so much in the last 20 years?
The people didn't change, they are mostly the same. The cost changed. It's now no longer sustainable for many or no longer worth it. Renting with roommates means you will see 10%+ rent increases a year in major US cities now. The greed of the landlords cannot be satisfied. Over time this pushes people back home that cannot stay on the fast moving economic treadmill.
Ah yes the avocado toast theory. What makes you think that people have changed so much in the last 20 years?
The people didn't change, they are mostly the same. The cost changed. It's now no longer sustainable for many or no longer worth it. Renting with roommates means you will see 10%+ rent increases a year in major US cities now. The greed of the landlords cannot be satisfied. Over time this pushes people back home that cannot stay on the fast moving economic treadmill.