The Atlantic, August 2012
ARTICLE SUMMARY:The Millennial Generation / Gen-Y/ Those 20-30 Somethings have had a rough transition into adulthood, with towering student debt, unemployment, low pay, low savings and tighter lending standards. It should perhaps not be too much of a surprise, then, that they are steering away from the traditional "grown-up" large purchases like cars and houses in record numbers. But the ramifications of their purchasing and lack of purchasing don't just effect them. Good article talking about how the financial strain on this generation will effect economic recovery, the housing industry, the car industry, urban living, and our consumption culture.
http://www.theatlantic.com/magazine/archive/2012/09/the-cheapest-generation/309060/2/
