Earlier quoted context omitted.
The vastly overwhelming body of evidence clearly indicates that today humanity is materially and by nearly all concrete measurements of human well-being better off than at any time in all its long history. This paints a powerful case for humanity also being psychologically and emotionally better off, on average, than at any older time in history since, as should be obvious, dodging starvation, random war, plague and…
Speaking from a US perspective, a lot of people have lost their connection to society and to a sense of meaningful cultural identity. There's a crisis of singleness that hasn't been present in much, although not all, of human history. Home ownership is way down. At various points throughout human history it was common for people to own their own homes. Most people have very little autonomy in their day to day work. I…
I resonate with the rest of your post - I do think having a connection to society is vital, and I also think that the US has become too much of a me-first, get-ahead-at-all-costs hustle culture that devalues social bonds. But I see people still forming very deep cultural identities.
I also agree with you that pride in one's accomplishments and a sense of purpose is important and home ownership is ONE way to achieve that - to have control over at least that facet of your life.
But it's far from the only one.