Honestly, it's hard for me to say. Talking to conservatives, especially older ones, there seems to be more despair about the fate of the country or of society.

Underlying the despair, however, is an abiding love for the nation and its principles. Younger generations, on the other hand, seem to feel disenfranchised and are inclined to just check out of civil life entirely.

Young people don't think there's anything they can do, personally, so they just give up.

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I feel like this feeling is probably tied to the possibility of home ownership, amongst other factors like job security. (I'm thinking mostly in the UK, but assume applicable to US).

That is absolutely true. Most people my age despair of ever owning a home, certainly in their 20s. Perpetually existing only as a renter (of everything, not just our homes) inevitably changes our level of investment in our communities.