Gen Y here and yes the OP nails it, but I wonder what's left for us second and third worlders. Things are much worse here, you truly can't trust the authorities at all.
The situation is, short version, 10x worse than any point made by OP. The only exception would be the sprawl: there is some here, but not the madness I have seen over there in the USA. Still public transportation even in the best case is a complete disaster so there's that.
Owning a car is a luxury, and owning real estate basically impossible for any Y Gen without wealthy parents or some previous financial advantage. Credit is a joke and don't even dream you will be able to save enough for even a studio apartment. Square meter prices dwarf any but the highest paychecks.
The situation is, short version, 10x worse than any point made by OP. The only exception would be the sprawl: there is some here, but not the madness I have seen over there in the USA. Still public transportation even in the best case is a complete disaster so there's that.
Owning a car is a luxury, and owning real estate basically impossible for any Y Gen without wealthy parents or some previous financial advantage. Credit is a joke and don't even dream you will be able to save enough for even a studio apartment. Square meter prices dwarf any but the highest paychecks.