That's what happens when, accounting for inflation, the median wage drops dramatically over 30 years (though the ultra rich get way way way richer), while the cost of living quadruples, then automation and offshoring eliminates almost all employment opportunities. Welcome to the new reality. 2nd World Living for all. A global shantytown dystopia. It will only get worse from here on out. Society needs a paradigm shift. Millennials not only have no savings, they have no assets either. Oh right, they've eaten all that avocado toast. I forgot.