Alistair Campbell

Before that, wages were going up, the economy was growing, it gets called the nice era.

And I graduated in 2010 into a recession, so I remember how much things changed and

Psychology is everything, right?

Like the word, sorry to keep swearing on your podcast, Alastair, but the word... We never do that normally.

The word that Gen Z, you know, used to describe themselves as fucked.

And I remember growing up under New Labour, getting a maintenance grant, not a loan, to go to university, because at the time, my family weren't doing very well.

If I had done that now, I'd just have double the amount of debt as one of my richer fellow students.

But the psychology of that and what it must feel like to know like, oh, well, because I haven't got rich parents, everything's just going to be harder for me.

But we've let this fester because I've been covering it since I started out as a journalist, starting to feel like I'm screaming into the void.

We've let it fester for 20 years.

And now it's so serious that you've got someone with a first from Cambridge living at home, working two jobs.

I've interviewed people who bought leasehold flats because that is your starter home, right?

Like that's what I bought.

And they've not been able to have children because they can't sell the flat because the flats are so toxic.

That is also impacted.

The fact that so many thousands of 14 to 29 year olds wrote in to us

to say that they don't think social media is necessarily a good thing, that they think it makes them more isolated.

80% said that.

That tells you something about this generation that have grown up on it.

They're not the guinea pig generation like my lot, millennials were.