Inflation is themain reason why today's life has become so expensive. The power of purchasing is increasingly being devalued by central bankers printing more money also known as inflation. The supposed rate is 3% but I would bet it closer to 5-7%, hence why prices are continually going up and the value of your dollars going down.
Credit is another reason . Its also known as debt or borrowing today for tomorrow. Credit is how everyone is rolling round in new car, new condo and going out for dinner every night. The end result is an entire generation with no savings living paycheque by paycheque.
Feminism is another reason . This is not knock against women we don't do cultural politics here at RLD just an observation from financial perspective . Two incomes has now been factored into the prices making it impossible for the average man to buy a house on his own. Even with two incomes, many people end up with unreasonable levels of debt is a mediocre house in ,y own city.
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