Wow, while the article mentioned it a few times, they don't seem to actually find the pattern that would come up with a better title. Gen-Y isn't a cheap gener

Wow, while the article mentioned it a few times, they don't seem to actually find the pattern that would come up with a better title. Gen-Y isn't a cheap generation, they simply have less money to spend or can afford anything. That's not cheap, that's being realistic. However at the same time, they are spending things on a luxurious items such as cell phones, not to mention the high cell bills, and so on. These are the things that are more useful to them than a car if they live in an area where public transportation is available and/or they can work remotely/walk to work. I am not cheap but I am not getting paid enough to be able to afford car payments, health insurance, mortgage, loans, etc etc all at once. Even health insurance itself can be more expensive than a car payment and insurance is more important to me than a car. Give me free insurance, I'll be gladly to use a car instead. I want a car, I want a nice house, and I want all of these things that is usually combined into "the American dream" but I'm realistic to know that I don't want to spend the rest of my life and my children's lives paying these things off. Previous generations can afford to pay these things off by mid-life and pass it on to their children after they pass without causing a burden. We can't anymore. Why in hell would I want to pay 10-15K a year for an apartment rent and get nothing of value in the end when I can get a nice house? Simply because I cannot afford the down-payment and the high rates and I don't have enough credit. I'm still building it up slowly.