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> they were buying their first house, having kids, and starting up the (relatively certain) career ladder

There's still plenty of people still doing exactly that. Get out of the HCOL areas and there are tons of people going to an inexpensive state school and buying a house in a new suburb outside of Boise Idaho or wherever.

I bring up Boise because I did an internship with Micron 5 years ago and other interns were meeting with realtors so they could buy a house as soon as they graduated.



I did that. Got a job at 26 in Western Michigan making $50K per year and bought a house a year later for $150K. Beautiful house.

Of course there are drawbacks to living in such an area as well.




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