Birds on the Brain

theatlantic:

The Cheapest Generation: Why Aren’t Millennials Buying Cars or Houses?

What if Millennials’ aversion to car-buying isn’t a temporary side effect of the recession, but part of a permanent generational shift in tastes and spending habits? It’s a question that applies not only to cars, but to several other traditional categories of big spending—most notably, housing. And its answer has large implications for the future shape of the economy—and for the speed of recovery.

Read more. [Image: Kagan McLeod]

It’s safe to say that a decent number of Tumblr users are a part of the Millennial generation. So, tell us: Do you own a car or house? If not, why?

I think I’m a little too old to be a Millennial, but I own neither a car nor a house, and I can’t see myself buying either in the near future. The reason is a mix of finances and and a preference for living in urban rather than suburban or exurban environments.