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  • Housing is eating up Gen Y’s monthly budget
  • Housing is eating up Gen Y’s monthly budget
    Hernán Piñera (2011) ©
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Housing is eating up Gen Y’s monthly budget

Gen Yers attempting to fly the nest are finding themselves spending more than half of their income on rent. Rising house prices and the recession have forced the 'boomerang generation' to either stay with their parents or cut their budgets for shopping and social experiences.

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