That being said, living in Boston, MA, I totally feel what you're saying (literally, most of the houses here are expensive, even in crappy areas).
It doesn't matter how cheap the land/housing is if you can't get a job while living on it.
I'd love to be in a world where geography doesn't matter and everyone can work remotely. For now, only a small and elite subset of software engineers can pull US cost of living (even rural cost of living) from remote work.
B.S.
Unemployment in the US is relatively low even on a long term basis.
The average home prices in the US is $188K. Most people can afford that.
There is more opportunity for mortgages and financial services than at any time in history.
There is more opportunity for mobility than at any time in history.
You have it easier than any generation in history - but all you can do is complain.
If you want to 'have it like the boomers did growing up' - well, you can skip going to college because few of them did - and you can do some crap job pushing paper for most of your life, in boring but steady employment, and buy a small, mediocre home in the burbs and mow your lawn. That was the 'steady, sable American dream'. You have opportunities that they never had - and that most kids in the world would kill for.
Dear God save me from whatever unemployment you deem to be high. Over a third of the people in this country don't work and another third work part time.
Maybe you actually believe those numbers coming out of the gov on unemployment and don't pay attention to the people who have rolled off the unemployment benefits. I know people that have been looking for work for the better part of 5 years without luck.
Also, have to call bullshit on the "You have it easier than any generation in history" remark. This generation is the first generation since the inception of this country to not have it better than the previous one. Every person born today is born with upwards of 70k debt thanks to the drunken sailors in Congress. The bill will come due. It always does.
If you're a defense contractor, you're not interested in selling "hundreds of thousands of boots on the ground," but rather guns (weapons systems) and ammo.
As a corollary, no one is lobbying politicians on behalf of a force increase at the scale you're suggesting. Private military contractors just don't operate at the "give the hoards of unemployed young men some plausible way to die" scale.
The situation you're referring to is more of an issue in countries with weaker economies and geographically close potential enemies.
We have entire video-games, and mods for games, that revolve around setting up factories and designs.
Places like Melbourne and Sydney are crowded and expensive, but the cheaper properties are all out in rural areas, where your choice of employment is slim, especially if you made the "mistake" of training in any tech sector job.
Source: was a uni student for 10 years and survived.
Not everyone grew up in the city suburbs. Not to mention, I am talking about the burbs not the CBD anyway. Rent is still %50 of my tech sector wage for an ancient two bedroom unit in the suburbs. Rent sharing is the only sane option, hooray living with strangers.
I don't mind, I enjoy and appreciate what I have, but you can't pretend like it's the same opportunity for everyone and the same opportunity as it was a few decades ago. Things are different, and it's different in ways wr can try and fix, hence the conversation on the topic.
Canberra is the most affordable city in the country.
Sydney and Melbourne just are not worth it any more unless you and a partner earn 200K+ or you have property there.