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Opinion: Millennials’ spending, values not in sync


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By Cherri Senders, Sacramento Bee

If you talk to young people today about issues such as economic inequality or climate change, you will usually hear them profess deep concern. A survey released earlier this yearfound that economic and social inequality topped millennials’ list of concerns, followed by climate change.

But the values embraced by those in their 20s and early 30s are not always in sync with their behavior, especially on inequality.

A case in point is the wild popularity of Uber, Airbnb and other pillars of the “sharing” economy. While millennials are big users, Uber has come under increasing criticism for using independent contractors to avoid providing benefits to drivers, and Airbnb has been assailed for exacerbating the shortage of affordable housing in cities where housing costs are already sky high.

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