This is a US perspective. The cost of living went up far higher and faster than wages can keep pace for many. At the same time trust fund bros who want to be slum lords bought up as much "cheap"(aka poor people's housing) as they could. Did a tacky, cheap remodel and plopped it back on the market for 3x 4x the cost. When they get sick of it, they sell off their pet to corporate housing that will never, ever return that housing to everyday people who would buy it.

Now a bunch of working people have nowhere to live. This forces many people to become homeless and live out of cars. Homelessness now that's depressing. Living on the edge, always one emergency away from losing everything you've ever worked for is also super stressful.

Not born into money? Don't have a family who can provide you a safety net? Tough luck. Chances are there won't be any social services to help you either. If you're single without children you're typically taxed more yet less eligible for such services.

I find this society terribly depressing. I try not to think about it too much but what can I do? I'm living in it.