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Urban Land

Housing Gen Y: The Next Challenge for Cities

11/23/10

Each generation has its unique attributes and faces its unique challenges. Generation Y, which consists of young people from their late teens to their early 30s, is no exception. But two facts in particular distinguish it from any previous U.S. generation: it is by most accounts the largest in U.S. history, consisting of some 80 million people or more, and it is by far the most economically challenged since the Great Depression. Together, these two facts point to a tough challenge for this group—finding housing it can afford…

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