9+ hour, 55+ min ago (199+ words) Source: The Coin Republic The report, published on November 19, suggests that for many Americans born in the 1990s, the traditional path of "work hard, save money, buy a house" has completely broken down. In its place, a high-stakes casino mentality has taken root. Furthermore, with the goal of a mortgage off the table, spending habits become more immediate and hedonistic. Discouraged renters were found to spend roughly 10% more on credit cards than homeowners with identical net worths. The overall idea is quite simple; if someone cannot obtain a $100K deposit to buy property " then they might as well enjoy their current $1K. Economic resignation also has developed in regions of the world that are beyond North America. An example would be the effects of youth culture in Asia due to high increases in urban property values and a lack of housing available. As…...