> I know for a fact that I am better off than my parents, my parents were better off than their parents, and my grandparents were better off than their parents,

> I know for a fact that I am better off than my parents, my parents were better off than their parents, and my grandparents were better off than their parents, and in general, this is true for families. Honestly I'm not so sure that's true anymore. It's hard to compare our current situation with parents late in their career of course, but I feel like they didn't had the difficulties we experience to access home ownership (that's a thing in europe and valued areas in the us). Also when I look at myself or my friends with reasonably wealthy parents, I am pretty sure most of us will not match our parents' wealth.