Yes, there are many people who think like that. But there are also many young people who have simpler aspirations, like building their dream home for themselves and their families to live in, and for their children and grandchildren to grow up in. And in my area, young people still have simpler aspirations, like wanting to build or buy a house before or after they get married. As for luxuries and other tertiary needs, those usually follow after primary and secondary needs have been met.

Perhaps it's because my area isn't a major city yet. Rather, it's just a small town on the outskirts of the capital, so young people here still think the same as previous generations: owning land and a home is paramount. Meanwhile, in metropolitan areas like the capital and other major cities, I've encountered many people who prefer renting to buying. They don't want the hassle of home renovations or the hassle of owning their own home. Instead, they prefer things to be relatively practical.