@Chippednailtoepolish It is fucked, but not for the silly and hackneyed reasons and GB news/right wing echo chamber talking points that your husband is ranting about.
The UK is at a point where the next generation are going to be poorer than the last, where education and university are no longer a social mobility engine, and where there is no longer a graduate premium.
It is a country where the master variable of house price inflation has made the average house price in the South East 11x average earnings, it's made independent living for young adults nigh on impossible, and it's driven university student loan debt covering fees and living costs up to £70k+ before interest, resulting in a 10% lifetime graduate tax to pay it off.
The number of NEETs stands at over a million, very many young adults and graduates are underemployed, and parents are routinely extending their houses, creating annexes, doing loft and garage conversions, and installing outbuildings to house adult children into their 30s as they can't afford to live independently.
Thousands of graduates compete in GMT programs for a handful of positions paying a starting salary of £35k, which is challenging to live on independently in London. As a result, young women are accelerating relationships to cohabitation with partners who in other circumstances they may have been more circumspect with, feeling that they have to stay and make it work when things are not right because leaving would make them homeless and disrupt their career.
The average age of first-time buyers is at an all-time high of 34, with the percentage of FTBs below 25 being only 5% when it was 25% in 1997. Rental rates are also extortionate.
All the while, those of us who went to independent schools with generational wealth are just cruising along with our kids totally insulated - many having flats bought outright in London upon graduation and being given a healthy allowance. The UK has taken a frighteningly massive step backwards with regards to wealth inequality.
The UK is simply not a good locale to raise a child through to adulthood at the moment - and these structural factors will not change for at least 30–50 years. Many of these factors are common to other parts of Western Europe and North America; however, they are particularly acute in the UK, and especially so in the South East.