I’m a little older, and here in DC when I was a kid, people lived in 1100 sf houses, shared one shower for the whole family, had a party line telephone, no boats, one car, no central air conditioning, no dishwasher (well….that would have been ME), and dinner in a restaurant was at most once a month, and a modest one at that. And that was a middle-class lifestyle, and we were happy with it!
The point is that kids today have all sorts of high expectations, and don’t think they should have to lower their standard of living when moving out of their parents’ house - and feel entitled to their own apartment with a dishwasher and washer-dryer, and iPhones, and cable, and flat screen TVs, and still be able to go to L&N Seafood and Morton’s every week, go to bars, erc., etc.
Nothing wrong with sharing an apartment and limiting yourself to Big Boy (or the equivalent once a week).