Expectations are so different nowadays. I was born in 1949. For the first 5 years of my life we didn’t have an inside lavatory, a bath was a once a week affair in a tin bath in front of the range, we didn’t have a fridge until I was about 11, or a phone until I was 16 and a car when I was 18.
Nowadays the young people I know expect a detached house with en suite, family bathroom and downstairs toilet and a garage or at least off road parking for 2 cars. They all have the latest mobiles costing over £1K with contracts at £40, top of the range cars, eat out several times a week, always appear clutching a coffee, spend a fortune on nails, hair, facials, massages, tattoos, Botox, fillers, spa days, extravagant weddings etc., etc.
Both parents have to work to maintain this lifestyle so children get farmed out to be brought up by other people.
These are people with good jobs who probably have little or no savings and don’t know how to economise.