S. Mitra Kalita and Robbie Whelan report from Orlando:

Heres what Generation Y doesnt want: formal living rooms, soaker bathtubs, dependence on a car.

In other words, they dont want their parents homes.

Much of this weeks National Association of Home Builders conference has dwelled on the housing needs of an aging baby boomer population. But their children actually represent an even larger demographic. An estimated 80 million people comprise the category known as Gen Y, youth born roughly between 1980 and the early 2000s. The boomers, meanwhile, boast 76 million.