Think you're on the wrong horse here Pope. I see a lot of my grandchildren and their friends, mostly in their late 20s and in general they work pretty hard although no harder than I did at their age, and they earn well but by God they don't half spend well. And then when they reach the serious part of life and talk of the future the penny seems to drop, and they can't afford to think of buying a house etc. It does remind me of when we were first married and the chance of a new house came up, we hadn't got a bean and in those days you had to put down a 10% deposit. I ended up by borrowing 5% of one bank and 5% off another and we secured the house followed by several years of hard graft to pay off what I'd put my name to, both of us working. But it was worth it in the end, got us a start. I really doubt whether any of my grandkids would do the same, so far it's been too easy for them and they've got used to the good life, and that is something that we never experienced.
I'm a bit older than the Poacher but I understand exactly the points that he makes and in general I agree.