A trustafarian [1] is someone who wants street cred by living in artsy, pre-gentrified (or recently gentrified) neighborhoods and who pretends to be struggling while secretly living off a trust fund.

It seems that the recession is taking a toll even on the trustafarians hipsters at Ground Zero for hipsterdom, the Williamsburg section of Brooklyn, NY.

The New York Times [2] reports today that parents hit with hard times are starting to pull the plug on the trust-funders. Twenty-something creatives, who never had a paying job before, now have to look for work that will pay the bills. Gasp!

That's OK with Williamsburg's more "authentic" — and unsubsidized — residents. One actually-struggling artist told the Times: "It does make me feel a little bit better. It’s bringing a lot of Williamsburg back to reality.”

Source [3]