The perception that <current generation> is worse off than previous generations is very common but the truth is a bit more complex.

- Household income trends per age group have remained relatively consistent. The youngest group has seen the biggest dip in the past couple decades but did recover pre-COVID. https://www.pewresearch.org/wp-content/uploads/2018/12/FT_18...

- Real incomes are down slightly for those without a college degree but up significantly for those with a bachelor's or better https://www.pewresearch.org/social-trends/2019/02/14/millenn...

- Housing prices are up significantly https://fred.stlouisfed.org/series/USSTHPI but price per square foot is actually fairly flat https://www.aei.org/carpe-diem/todays-new-homes-are-1000-squ...