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The cash-strapped millennials using 'sharing economy'

27 August 2013 Last updated at 10:54 BST

The 'millennials' are the generation that came of age after the 2008 financial crisis.

Cash-strapped and internet-savvy, they have very different expectations about jobs, credit and money.

Part of the new 'sharing economy', they have taken to the idea of sharing rather than buying with a vengeance.

Michelle Fleury reports from New York.

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