I think you are right but the expectations of young people are up much more.
These are all relative valuations with your pears and expectations. No one cares we are all vastly more wealthy than people living a 100 years ago.
People know how much Jamie Dimon is worth. No one cares they basically have more abundance today than JP Morgan himself.
It is also the difference that when I was in my 20s I had no illusions that I was going to become Michael Jackson or a popular TV sitcom actor since I never danced, sang or acted. Now though you do have that anxiety since people your own age are famous and wealthy from nothing more than network effects.
When I was in my 20s the only people that seemed to have disposable income were drug dealers lol. It was easy to not feel anxiety that I wasn't as well off as a drug dealer.
These are all relative valuations with your pears and expectations. No one cares we are all vastly more wealthy than people living a 100 years ago.
People know how much Jamie Dimon is worth. No one cares they basically have more abundance today than JP Morgan himself.
It is also the difference that when I was in my 20s I had no illusions that I was going to become Michael Jackson or a popular TV sitcom actor since I never danced, sang or acted. Now though you do have that anxiety since people your own age are famous and wealthy from nothing more than network effects.
When I was in my 20s the only people that seemed to have disposable income were drug dealers lol. It was easy to not feel anxiety that I wasn't as well off as a drug dealer.