Anonymous
Anonymous asked in Politics & GovernmentPolitics · 7 months ago

How do you figure the increasing trend of younger adults not desiring to own or be burdened by 'owning stuff' [including houses & new cars]?

will effect the economy/businesses/jobs/etc?

9 Answers

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  • 7 months ago
    Favorite Answer

    i think its good, i feel that way sornetirnes,

  • 7 months ago

    They will mature and want to own homes and things. They will see friends who bought gaining in life, lower cost to own than current rent and rent increases, landlords sell the homes they rent and force them out with little notice. So at 40 those with houses have tiny mortgages compared to rents. Leasing cars instead of buying gets old too and you have nothing at the end of the lease.

  • 7 months ago

    They still need to live somewhere, which means they're still paying rent.

  • 7 months ago

    Young adults don't want to be burdened with buying new cars? Do you mean, instead they would like to lease and waste all that money?

    -- Millennials very much want to be driving the newest and shiniest.

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  • 7 months ago

    They're starting to act like the hippies of the 60's, who didn't want to work, go to school, or do much of ANYTHING but sit around on sidewalks smoking weed and complaining about everything.

  • Anonymous
    7 months ago

    It's so expensive it's out of reach for the majority of younger people. If they can't afford it then they can't do it.

  • 7 months ago

    That trend will reverse at some point. Those other things will adjust, as they always do. Businesses have always come and gone.

  • 7 months ago

    Not as much as you'd think. Buying "stuff" (physical property) is a small and declining part of the economy. For example, you can buy a used computer for last for years for $50, but spend more than every month for your phone and your home Internet connection, and hundreds every month for health insurance.

  • Anonymous
    7 months ago

    They want to own things. They just want someone else to pay for it

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