This is so out of touch. You might as well be using the "It's the video games!" excuse of yore.
Teenagers and those in their 20s see what their parents were able to do. They hear what their parents bought their house for, they know about their pensions, they see that their parents could afford raising a child into their teens, they find out that college was actually affordable. They know that's now all out of reach.
Some even see their parents struggling, and know it's going to be much much worse for them.
You all really think this is about influencers?