https://www.federalreserve.gov/econres/feds/files/2018080pap.pdf
I.e. Millennials may be different because they are poorer than previous generations when they were the same age, controlling for demographic factors like education.
https://www.federalreserve.gov/econres/feds/files/2018080pap.pdf
I.e. Millennials may be different because they are poorer than previous generations when they were the same age, controlling for demographic factors like education.
Hasbro made a Millenial version of Monopoly. It is not about RE because millennials just can’t afford it anyway, says the maker. Saaaaaad…
https://www-m.cnn.com/2018/11/16/us/monopoly-for-millennials-trnd/index.html
The object of the Millenial Monopoly game is to have the most experience points and indeed experiences DO seem important to the young adults we know.
Our S has already traveled a lot more than I had at his age, especially internationally. D has had a lot of fascinating experiences as well. They do cherish them. :-c $-)
We actually bought that Momopoly to play over Christmas. I think our kids will think it’s funny instead of being insulted.
We are getting one for our millennial, too. She will have a kick out of it, I am sure. 
Speaking of real estate and millennials, this article has some interesting maps:
I will get one or more if I can find them for $20 at WalMart but not at the inflated prices.
God, I HOPE my generation is different.
So much for the popular claim that millennials have all this education debt…
Page 13-14 of the paper notes that millennials have more education debt but less mortgage debt.
Millennials also have lower assets, except for the wealthiest. Lower assets and similar debt means lower net worth.
I’m very happy with the millennials in our extended family, including my two. They seem more like us than not, though they do value relationships, experience and travel, the latter two more than I did at similar age.
Favorite recent observation I heard ( huge generalization) about millennials. “Millennials think that a telephone is an app on their phone that should seldom be used.”
Every generation thinks the next generation has it wrong. Circle of life.
I definitely see some things about many millennials that concern me. I think that the constant bombardment of news, the expectation that they can or should be instantly available through text or email, and the fact that things are in their face at a young age that perhaps should not be may be contributing to the rise in anxiety, depression and other mental issues that I absolutely see in my job in higher ed.
On the other hand, I would absolutely lose it if my employer wanted to institute dance parties every Thursday at 3, or if my office was an open environment with no assigned desks & a ping pong table in the center of the room. This sort of thing is where my “generation gap” shows.