For much of the youth, this is impossible. The permitting and regulatory process for houses is hostile to slow and DIY building so even if you can get cheap land near jobs (you can) you can't do it without predicting 30 years of mortgage payments. The pandemic monetary policy (more recently) and cash-for-clunkers(longer ago) trashed the used car markets. Increased regulation, licensing, insurance requirements and liability made childcare far less affordable. Also in the old days "neglect" was stuff like actually starving your kids to death so if you were broke you could work or do domestic stuff to save money and leave them home or to run around outside without Karen having them snatched by CPS.
Annihilation isn't so worrying, it's the surviving that's scary.