Although the NYSE and Nasdaq have been experiencing recent success since the Economic Meltdown of the Housing market the success has not been felt by everyone.  It could be argued that the Millennial generation, specifically the generation born from Generation X which can be defined as the generation born between the 1960’s and 1980’s, have begun and will continue to suffer a lower standard of living in a multitude of ways. This generation is being saddled with university debt upwards of $100k before they even begin to start saving. In 2012, 36% of the nation’s young generation aged between 18-30 were living in their parents home according to a new Pew Research Center analysis of US Census Bureau data. This percentage is about 21.6 million young people that are now choosing to live longer with their parents. This rising trend can be attributed to higher crippling student debt, a decline in employment, rising technology that is mechanizing jobs once held by people. This rising trend also has a significant impact on the post housing market and the planning that goes behind it. Companies such as Toll Brothers will slowly begin to lose steam if the young generation continues to get turned down to become new homeowners. New housing will slow down and housing in urban areas will continue to crumble in the downward spiral of our country that we choose to ignore. What’s more, heads of households under age 40 aren’t benefiting as much from a boom in equity prices, which have hit record highs this year. About 27 percent of 18 to 29 year olds owned stocks as of April 2013, compared to 61 percent of 50 to 64 year olds, a Gallup poll found. With continuing trends like those cited above it only could spell future disaster for the upcoming Millennial generation. This could even mean social unrest due to the rising inequality and growing wealth gap between the extremely wealthy 1% and the 99%. The problem is not so black and white though in which a few solutions will solve the growing inequality problem. The problem is much more convoluted than that and will take much more than a few laws getting passed. Currently the future seems stark for the Millennials.

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