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I think it's worth pointing out here that the terms Gen Y and Millenial both refer to the same generation (see https://en.wikipedia.org/wiki/Millennials https:/
by bengillies 8y ago
I think it's worth pointing out here that the terms Gen Y and Millenial both refer to the same generation (see https://en.wikipedia.org/wiki/Millennials https://en.wikipedia.org/wiki/Millennials)
- deleted 8y ago[deleted]
- deleted 8y ago[deleted]
- echelon 8y agoYou're correct. None of the parent's argument makes any sense in light of this error. I don't understand why the post is being upvoted--the data is outright wrong! I sense that people may blindly upvote posts reporting figures, especially if they come with sources.
- hoaw 8y agoGeneration X and Millennial isn't really a sharp transition. No generation is, but it is even more diffuse this time since there wasn't necessarily one or multiple "big events" at a fixed date. I don't know if parent's argument is correct, but what is being said is essentially early Millennial, ~1985 and late Millennial, ~1995. Huge difference in many e.g. housing markets. Once people born around the actual millennial gets old enough we might start talking about Generation Z instead.
- TheCoelacanth 8y agoMost people born in 1985 had their income affected too much by the Great Recession to really take advantage of the lower housing prices then.
- hoaw 8y agoCould be the case for many people. I think the commonality between generations might even be declining in favor of other divides. It is in some ways assumed that many people are starting at the bottom and mostly share paths based on development. But I am not sure that is the case anymore, if it ever really were.
- seanalltogether 8y agoThis was really odd for me to learn only a couple weeks ago. I had always assumed I was a Gen Yer and that Millenials were just getting out of college now.