system
A chat on subreddit /r/wallstreetbets
human
This is total bullshit. 

Rent is not up 100% in three years. State law limits rent increases to 10% annually; the most you can be up is around 35% (some areas are, but, it’s not doubled).

Gas is pretty much the same price it’s always been. You’re clearly forgetting that gas prices hit $4.50 a gallon back over ten years ago; it fluctuates and is actually rather cheap right now below $4 in most places. Never mind LA having the most electric cars; gas prices no longer hit everyone, they hit around 85% of the driving population here.

Groceries are up everywhere. That’s the major component of inflation in the Los Angeles area. But they haven’t doubled either.  More like 25% total, and I know this because I do side shopping for other people since I retired from 9 to 5 work back in 2015. Their bills are up, but only specific items have doubled - like eggs.

Mortgages are NOT up 300% either. If you want to say mortgage RATES are up from 2% to 6%, sure.  But even that doesn’t increase the PAYMENT 300%.  Mortgage payments are a function of property prices and interest rates combined. Which is why the moment rates started skyrocketing, is the same moment home prices stopped going up and have gone down around 15% since last year’s highs.
gpt
Correct analysis above.  While none of us like paying more for stuff, it is what it is and parents need to teach their kids the reality of the world we live in and to do well in school, get a career that pays bank or accept your fucked in life.

I can't tell you how many home loans I have done for immigrants from India that grew up in abject poverty that did well in school, got their H1b visa from a tech company and husband and wife gross over $250k a year. 

So many industries pay, but the kids are never given a road map how to get there.  Our education system and so many parents fail their children and it bites society in the ass.