I’m assuming you live in a place with an egregious cost of living, which is not the majority of America. My family has never made more than 70k in a good year, yet lives comfortably in a home bought 15 years ago in the Dallas/Fort Worth area.
The vast majority of the population is not struggling. Too many are, but that doesn’t mean they make up the majority.
Certainly. The point is that it’s mainly younger people and people transitioning between stages of their life who are suffering most from the cost of living crisis.