Every generation thinks the generation they grew up in was the best. It's not that it was or wasn't it's the stage of life you were in. They are the carefree years before being bogged down with responsibilities. It's the first period in your life where you are no longer a child and free to make your own decisions but it's before all the obligations of life take over. It's when your body is in its peak, you're full of energy, nothing hurts. Your friends are all still around and free to come and go with you at a moments notice. So it's perfectly natural to think of those times as the good old days. There is a large group of young men and women in that stage right now and in 30 years they are going to be saying "remember when" and "I don't know how kids do it these days, I'm sure glad I'm not a kid right now"
And thus, that's why this lifestyle is so attractive and it's why we are all here. Going this route is in essence going back to a simpler life, the point in time we grew up in that afforded us more freedom, less responsibility and more life experiences.