Dear Boomers: Netflix isn't the reason Millennials can't afford homes

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Dear Boomers: Netflix isn't the reason Millennials can't afford homes
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Millennials' inability to afford a home has nothing to do with our Netflix subscriptions or our daily $7 coffee | Analysis

Editor's Note: This story is part of CNN Business' Nightcap newsletter. To get it in your inbox, sign up for free, here.

Here at Nightcap HQ, we have a special alarm bell that rings every time a study about Baby Boomers shaming Millennials is published. Here's the thing: A study out of the UK this week says that half of the British public believe young people can't afford to buy a home because they spend too much on coffee, Netflix and travel. It's the Avocado Toast Debacle all over again.

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