Millennials

Renting is more common than ever, but millennials still have hopes of owning a home. Business Insider explains why entering the housing market will be difficult for this young generation.

In this day and age, the 18- to 34-year-old crowd have lived up to their reputation as perpetual renters. Most blame the trend on the housing crisis, which led so many homeowners to downsize and stunted the home buying power of younger consumers.

But whatever trauma the Great Recession had on the minds of millennials, it hasn't stymied their hopes for owning a home of their own one day, a new study shows.

RELATED: Renters' Delusion Could Sabotage Any Apartment Hunt

Real estate tracker Trulia found more than 90 percent of millennial renters plan on buying a home in the next two years.

Read on for more.

If you didn't score as high as you'd like on the Millenial quiz, here's what you need to know to think like a Millenial. The Pew Forum surveyed Americans under 30 to gauge their opinions on divisive issues like religion, abortion, homosexuality, and the separation of church and state. Here are 10 of their fundamental beliefs.

• 1 in 4 aren't affiliated with a particular faith.
• Beliefs about life after death and the existence of heaven, hell, and miracles are nearly the same as older generations.
• Those involved with religion are more inclined to believe their religion is the one true path to salvation.
• Millenials are more comfortable and accepting of homosexuality. Twice as many young adults say homosexuality should be accepted by society than those 65 and older.
• 52 percent believe abortion should be legal, compared to 46 percent of people over 30.
• They're also much less concerned with Hollywood "threatening" values.

To see the rest, read more

If you're under 30, congratulations, you are part of the Millennial Generation, also known as Gen Y. Whoever makes up rules about generations declared that anyone born in or after 1980 is part of the latest generation. But since we know age is just a number, I'd like to point you toward this Pew Research Center quiz that will assess which generation you truly belong to.

I won't give away too much, but factors like television viewing, cell phone habits, and a dabbling in body piercing impact your score. (Although over here, body piercing makes us think of the '90s.) Take the quiz and come back and share your scores!

MTV News came up with what it considers the top five cultural milestones for the last graduating class of the decade.
Here's what they came up with:
5. Gay marriage
4. Twitter
3. Twilight
2. Lady Gaga
1. President Obama

Here's how one irate recent graduate responded to the list:

Just omit the middle three and pretend like nothing happened. Just, go five to one. I'm PART of this generation and I am amazed at the choices. But maybe it's because I graduated a whole entire year ahead of them that I realized how stupid my generation is. I mean, I do not even think we would notice if the list went from five to one. We'd just clap our hands and move on to the next shiny, unimportant thing, all the while ignorant to anything beside auto-tuning and Robert Pattinson.

Whether you've just graduated or are old enough to be the parent of an '09 graduate, what do you think about MTV's list and/or this commenter's assessment of the so-called Millennials or Generation Y?