Thirty or forty years or so ago a person out of college could get a job that would allow them to buy a house and start a family. Employers who don’t want to pay enough for a new grad to do the same can darned well go out of business.
This!
When I came of age, jobs were plentiful and paid pretty well compared to the cost of food and housing. Jobs are plentiful right now, but they don't pay very well at all. Our political and corporate elites are trying to keep it that way.
We should stop bashing the Millennials. They have been handed lot of pretty lies and told to make the best of it. Most of them are making their way as best they can.
The paths that we took are not generally available to them.
Thirty or forty years or so ago a person out of college could get a job that would allow them to buy a house and start a family.
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As one who graduated college in the mid-70s I thoroughly disagree with that. There were a VERY few degrees that paid enough money for that. Accounting and Engineering are the ones that come to mind. Teaching was paying like about 2/3 of Accounting. Nursing about 80% to 85% of Accounting.
BTW -
One of my observations about “young people living with their parents” is that this is a function of my theory of “# of bathrooms” indicator. Starting in the 60’s homes started to have more than one bathroom. I believe that the average number of bathrooms in a home in a given society is directly related to the number of adults that live in a home on average.
If your lazy son or daughter had to share the only bathroom with the other occupants of a home I think they would move out a lot sooner.