We seriously need to take this debate out of it's sniveling context and stick to the numbers.
I think you raise a good point about the benefits of new technology, Cliffy, but it's wholeheartedly biased to say that because the older generation endured suffering while the new generation is much happier and therefore must suffer. In fact, it's downright hypocritical when the older generation also says it wants the "best" for the younger generations.
The fact of the matter is that the cost of living is higher for the younger generation, despite all the additional perks that all of us enjoy right now.
Adjusted for inflation, housing costs are 76% higher now than they were before. The rate of population growth and families being introduced is at an all time low.
The cost of housing is insane, but most of that has to do with the houses being too big, too much stuff in them, expensive to heat and power all the gadgets. Everyone has to have their own washers and dryers, dish washers, fridges, freezers, fancy ranges, barbeques.... it is endless. You need an endles liteny of stuff to make life easier so you work harder to get them. It is an endless tread mill of self imposed slavery. It is not really the cost of living that went up, it was the idea that you can't live without all that crap.
I lived ten years in the bush. I have built my own shelters for a few hundred dollars, a log home for $800. I hunted and fished and grew gardens and my wife and I lived on less than $5000 a year. I know not everybody can do that but what I learned is that housing can be had for a small fraction of what people are paying because their expectations are way too high. I was raise in suberbs. My dad was head of international sales for Northern Telecom. I was born into the American dream but I rejected it because it just seemed beyond stupid to be a slave to our wants.