For the same reason that Americans and Canadians feel so poor. And the same reason why Trump is in office.

A total failure of the field of economics.

Just like economists insisted that the economy is doing badly because of vibes, they also insist that many people are part of the middle class based on an arbitrary threshold that isn't what it used to be.

Housing, energy, and education have increased astronomically compared to 30 years ago.

The cost of housing doubled in 10 years in my city. All while the schools got worse and the cost of college is astronomical. The cost of childcare doubled in 10 years as well. Energy bills also doubled in just 4 years.

What used to be a great stable income, we're even above the official line for what counts as middle class, is now just scraping by.

Being middle class used to mean that you were financially secure and could say have kids and a house. By that metric many people have fallen out of the middle class.

The categorization of middle class, whether it’s right or wrong, has nothing to do with why things are expensive and life is harder.