The Sharing Economy

Is Sharing The New Economy?
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A woman looks at the internet site Pinterest.com on March 13, 2012. Pinterest has become the Web's hottest young website, particularly among women, by giving people virtual bulletin boards that they decorate with pictures showcasing interests in anything from food to sports, fashion or travel. AFP PHOTO/Karen BLEIER (Photo credit should read KAREN BLEIER/AFP/Getty Images)

The so-called American Dream™ revolves around ownership.

Owning a house, owning a car, owning that picket fence surrounding 2.5 children (actually, it's more like 1.8) and a four-legged pet.

But Gen Y, that pesky generation of 79 million 16-to-34-year-olds, might be redefining that dream. Statistics show that the newest generation of adults buys fewer houses and fewer cars than its predecessors.

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