Materialism in Generation Y

Apparently, I'm part of Generation Y. Whatever that means, I don't know. What I do believe though is that there is a shift in the attitudes of our predecessors. Let me elaborate.

My grandparents, the Boomers, had nothing. They were poor and worked very very hard to have a nice comfortable life. Their offspring, the so-called Generation X, started from this comfortable life and wanted everything. Not only did they want it all and more, like some perverted version of The Apprenticeship of Duddy Kravitz, but they wanted it all by the time they were 21. Unreasonable? Quite. Barely possessing their grade 12, they wanted a family, two kids, a large house, two vehicles, a boat, two snowmobiles (in my neck of the woods at least), to be able to travel at will, and have a constant stream of high income pouring in at all times. Some achieved this. However, most of this generation have gone through divorces, have lost everything at some point, and work like their lives depend upon it.

Now you have my generation. They aptly named Ys. (Please be advised that the following are vast generalisations that may not be based on reality.) We are weary of embarking in relationships and having children unless we can have some sort of certainty that it'll work. We don't like to overwork ourselves; prefering to sacrifice certain material pleasures for more time to ourselves. We are aware of the fact that one cannot have everything at the tender age of 25 and that those things which our parents wanted are not necessarily desirable. We want to travel the world but not for the bragging rights of having the financial capacity to do so. It's about the experience. Maybe I can resume by saying that we're must more concerned about the experiences, the details of life and not it's decor.

Why should we work overtime for granite countertops?
Why should we bring children into this world which we cannot support emotionally?
Why isn't happiness enough of a goal?

What's the rush?