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Millennials: Housing's lost generation

from By Michael J. Berens

"You are a lost generation," remarked Gertrude Stein to the young Ernest Hemingway, referring to the devastating losses as a result of World War I. Today, Stein could be referring to the millennial generation, that cohort of 75 million people born between 1985 and 2004, whose relentless march toward adulthood has not quite captured the attention of mainstream America yet. Nowhere, perhaps, is that more evident than in the housing market. more

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