CIF
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This is changing though... at least in my area. Youth spend their money differently and are in better higher paying jobs straight out of college. I'm in my mid 20's and am very excited about purchasing a 2016 450h AWD in a few weeks.
Exactly, around here many educated young professionals (mid 20's to 30's) make 6 digit annual salaries, not to mention other compensation via equity.
That's an important point though; in your local areas, which are not representative of North America overall. The overall trend in North America is that plenty of young people are struggling financially.