$2M was roughly based on a decent house and a comfortable pension. For most this is a pipe dream anyway. Young people don't have money because the balance betw

$2M was roughly based on a decent house and a comfortable pension. For most this is a pipe dream anyway. Young people don't have money because the balance between return on labour and return on capital have shifted in the favour of capital. Near zero interest rates with consequent asset inflation is one mechanism by which this has been achieved. Eventually the people actually doing the work will say enough is enough (or hit the opiates), and society starts to crumble. Go have a look at the nearest bridge or highway (in the US), you will see what I mean.