Young people in the modern world are being asked to act as heirs when they are actually tenants.
They were raised on expectations of:
autonomy, self-expression, mobility, romance, meaningful work, home ownership, and gradual upward movement.
What they got:
High housing costs, delayed family formation, wage shrinkage relative to assets, bureaucratic job markets, credential inflation, social atomization, and:
an online world that floods them with stimulation and eliminates real status, real community, and real purpose.
They are surrounded by immense wealth, advanced systems, and unprecedented flows of information, but they have no prospect of ever owning any of it.
Without the old established pathways into meaningful levels of agency + ownership, they cannot develop into social adulthood.
History suggests several different outcomes to this situation.
One thing is for sure: The current setup is not a stable state and will not continue. It will change into a new state.