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That generation themselves took charge of the new councils that in many cases would then veto further housing development to put upward pressure on the value of the homes they had secured, starting to pull up the ladder after many new homes had been freshly built for them following the destruction of the war. Their direct children who inherited the housing are still profiting quite handsomely with similar incentives, although it’s terrible for the great grandchildren. So the bad part is basically working as they themselves intervened to achieve, and regardless of that now reducing homeownership rates those rates still remain higher than those of when that generation was growing up and the homes are much nicer in quality than the slums of the time which were destroyed.
People stopped having children en masse because new technology allowed for family planning and for people to do what seemed important to them in life rather than suddenly winding up as parents and being forced to lock in.
The unemployment rate of 4.9% is much lower than what that war-winning generation had experienced in the interwar period.
None of this situation seems like it would be helped by becoming the slaves of a self-proclaimed master race who themselves were under the unrestrained despotism of a rabid band of bloodthirsty lunatics.