Millenials are rapidly being exposed as the poster children of what exactly a post middle class world is going to look like.
Just two weeks back...it was reported that 42 million millenials live at home in the US...
My question is: how'd the other 341 find the cash to get their own party pad?!?
It doesn't stop there... Facebook, apple, google, research groups have all done studies/tracking that the comparative "disgruntlement" shown on social media by millenials is something like 3x Any other demographic.
That's staggering...
What am i saying? Is that the y's don't have the CASH to go clubbin...and so the clubs will die quickly.
Disney may have been prescient on PI.
This new generations bought into a model that doesn't work for them...like it did the boomers and the Xers...
And that was: go to college, party a little, get good job, party some more, settle down with cute wife or stud muffin...have kids...pay for everything...buy DVC, pay for grandkids APs and mouse ears...
Notice "live with parents to 44 with $300,000 psychology degree from Syracuse" isn't in the lifeplan.
Quite interesting how social evolution doesn't always invoke the needle pointing up, huh?
Great post/thread/read...thank you!
(No disrespect for Syracuse...by the way

)