None of this made us particularly happy. Throughout the 2010s, study
found that we were "lonely, anxious and depressed". In 2017, one particular piece of research
found that British millennials had "the second worst mental health in the world", with only Japan reporting higher levels of stress and anxiety. Against a backdrop of financial uncertainty and unaffordable housing, our relationship with ambition became increasingly toxic. Workaholism became an addiction that society not only approved of but actively encouraged. For the vast majority, this did not pay off. Homes did not magically become more affordable. In fact, they kept getting more expensive, rising by 33% over the decade
. They were exceeded by the cost of living
, though, which went up faster. Well-paid jobs in desirable industries did not suddenly appear. As the Resolution Foundation reported in 2019
, young people’s pay and job prospects had been permanently "scarred" by the 2008 crash.