Wednesday, August 08, 2012

HOUSING WON'T LEAD US OUT, THEN WHAT WILL?

Recession Generation Opts to Rent, Not Buy, Houses to Cars

Bloomberg
Confronting a jobless rate above 8% since 2009 and student-loan debt hitting about $1 trillion, 20-to-34-year-olds are renting apartments, cars and even clothing to save money and stay flexible. More »

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