This document summarizes the findings of a survey on generational perceptions in Britain. It finds that Generation Y (ages 18-35) are the least positive that their lives will be better than their parents' generation. Over half of all respondents now believe today's youth will have a worse quality of life. While Generation Y are more negative about the prospects for their generation, they are more positive about their own personal prospects. Generation Y are also more concerned about employment challenges than housing challenges when considering hardships facing young people today compared to previous generations.