Millennials' finances are crushed by a 'debt machine,' Opendoor co-founder says

Jd Ross argues that millennials face considerably bleaker prospects than previous generations, which could ultimately hurt the economy

Millennials are regularly maligned as lazy, avocado toast-loving hipsters, but according to a co-founder of Opendoor — and a new study — the generation is instead plagued by a “debt machine” that puts them at a huge economic disadvantage compared to older generations.