A staggering Guardian investigation reveals how, far from being âthe most indulged young people in the history of the world,â Westerners born in the 1980s and mid-1990s have been betrayed by previous generations that have left them in debt, jobless and locked out of property markets. - 2016/03/07
âIn our series, we will reveal that todayâs young people are not delaying adulthood because they are â as the New Yorker once put it â âthe most indulged young people in the history of the worldâ. Instead, it appears they are not hitting the basic stages of adulthood at the same time as previous generations because such milestones are so much more costly and in some cases they are even being paid less than their parents were at the same age.
In Australia, millennials are being inched out of the housing market. In the UK, new figures will show the notion of a property-owning democracy has already been terminated. In the US, debt is the millennial millstone â young people are sitting on $1.3tn of student debt.â
















