That is true actually. The average price for an apartment in even some of the more run down ghetto ass ghetto cities in the US's glorious north east is like 1200-1800 dollars a month. Which can be well over half of a biweekly paycheck for average degreed joe-schmoe. Plus less jobs then ever for hopeful college students that come out of university bright eyed and naive. Actually know a former co-worker who went back home with his parents to live along w/ his wife (!!!), cause he couldn't stand the north east rat race anymore. This generation in the states is predicted to do worse than there parents did. And the signs are becoming quite apparent already. The formula: No jobs + overabundance of degreed college grads + ridiculous rental and property fees = keep on rotting in the free world. Someone in the states really needs to realize that the whole service economy thing was bullshit and that over socialized gov. programs for citizens just lead to more problems (example: the EU). Otherwise the states is just going to turn out like the EU and not only will one be living at home w/ parents but also neighbors and probably a few other strangers.