1) (Mainly) the huge increase in upstream capacity of residential broadband connections with FTTH. It's not uncommon for homes to have 2gbit/sec up now and certainly 1gbit/sec is fairly commonplace, which is an enormous amount of bandwidth compared to many interconnects. 10, 40 and 100gbit/sec are the most common and a handful of users can totally saturate these.
2) Many more powerful IoT devices that can handle this level of attack outbound. A $1 SoC can easily handle this these days.
3) Less importantly, CGNAT is a growing problem. If you have 10k (say) users on CGNAT that are compromised, it's likely that there's at least 1 on each CGNAT IP. This means you can't just null route compromised IPs as you are effectively null routing the entire ISP.
I think we probably need more government regulation of these IoT devices. For example, having a "hardware" limit of (say) 10mbit/sec or less for all networking unless otherwise required. 99% all of them don't need more than this.