Re: and just last week
(a) "people who dump 4 or 5K a year just in personal carry-around electronics", etc
(b) "most Millenials don't have $1K to make a down payment on a home"
It is possible that these are (i) mostly different groups of millenials/people, and (ii) both statements are exaggerated. But then it wouldn't surprise me if there was at least some overlap...