Really? This is exactly the sort of intellectual dishonesty that you favor that leads to your reputation here. I said absolutely not one thing in support of or against generational households.
I merely pointed out that your data point construct - being a single income person supporting their family like the 1960s - was still absolutely an obtainable goal, not something false “sold” to them. it’s just that now nobody wants that particular life. From my perspective, it was more the 1980s ‘greed is good’ philosophy, with an emphasis placed on how much you made and how nice a neighborhood you lived in that altered your little white house construct.
If you truly wanted to be accurate, you should’ve listed the lie that spending money on college would always be a good decision. People who became literally financially crippled through ridiculous educational debt have a right to feel hopeless and that they were lied to. It took me six years to graduate, and I literally earned every dollar of my college degree, including tuition and living expenses. I had to work part time while I was going to school and I took many semesters off to work as a union laborer, which made much more money than minimum wage. But I graduated with no debt, somebody that made my decision to obtain a post graduate degree financially sensible. People who owe 150 K for a philosophy degree should be angry, but should’ve had enough sense to know where that was leading. I very much blame high school guidance counselors and universities for selling that bill of goods
Since you brought up multigenerational living, I think it is an idea that will happen of necessity rather than planning, as people will not be able to put mama in the nursing home or Assisted Living m ok due to insufficient assets. A combination of family assisting with a modicum of hourly caregivers is likely way less expensive.
And of greater importance, in many cases it would result in better care for their elderly loved ones. And I can see part of grandma or grandpa‘s Social Security being used to help pay the mortgage on that multigenerational home. All of that is not a bad thing in my mind, as family needs to support family.