At the other end of the financial spectrum is a subset of Millennials who are key to the luxury market and are even expected to outspend boomers by 2017.

At the other end of the financial spectrum is a subset of Millennials who are key to the luxury market and are even expected to outspend boomers by 2017. However currently, many of those who indulge in luxury items have moved back home and they’re attaining such goods or access to them thanks to their parents. (AdAge)