I only know from my own personal experience, and I personally feel that there's a cyclical nature to things, so you don't want to start making generalizations about how bad things have become in comparison to the old days.
I love Wagner, but the music I prefer is that of a cat hung up by its tail outside a window and trying to stick to the panes of glass with its claws.
I felt weary of the responsibility of owning houses and was glad enough to pass mine on to others.

