Generation Debt: The New Economics of Being Young: The Ambition Tax: “Afew years pass, a significant other comes along, and the Kid’s elders start badgering him about growing up, getting with the American dream, and purchasing a home. Up to this point, the Kid has been renting in a metro area. It’s a drag throwing away that money each month, but at least he’s not living in his parents’ attic. (According to the 2000 census, 14 percent of 24- to 34-year-olds live at home, a 50 percent increase since 1970.) Adding yet another fixed cost to his debt load might seem like an unwise choice, especially since the Kid doesn’t have much in the bank for a down payment.”

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