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Tafkam Hokie

Joined: 10/07/1999 Posts: 35179
Likes: 13640


The relative wealth of millennial isn't really an issue


It is the fact that they (a) pioneered the sharing economy which means it is realistic to predict a MUCH lower rate of car ownership by the time the last of the boomers dies off, and (b) as a generation, they tend to lack the passion for the automobile that prior generations did.

Which brings up an interesting corollary...if younger generations really do care less about cars than older ones and the future will see much less car ownership than the past or present, that could be mindblowingly crippling to the US economy. Somewhere around 20-25% of the overall economy is automotive-based. And we're talking good jobs here, not people with masters degrees working as baristas.

(In response to this post by CPRVHokie)

Posted: 03/24/2019 at 10:53PM



+1

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Current Thread:
 
  
My 3.25 year electric car saga has come to an end -- Baltimore Hokie 03/24/2019 4:33PM
  One answer for both -- Baltimore Hokie 03/25/2019 2:07PM
  It's definitely for local/regional driving only ** -- Baltimore Hokie 03/25/2019 3:45PM
  Simple -- Beerman 03/25/2019 12:34PM
  There are already car subscription services. -- Tafkam Hokie 03/25/2019 4:00PM
  The relative wealth of millennial isn't really an issue -- Tafkam Hokie 03/24/2019 10:53PM
  Not sure I agree with that assumption -- EDGEMAN 03/25/2019 09:25AM
  We won't now for 15 years ** -- VaAkita 03/24/2019 8:29PM
  I’m going to make a joke that is a tad harsh -- CPRVHokie 03/24/2019 8:41PM
  You assume wrong -- EDGEMAN 03/24/2019 7:40PM
  Yes. Uber, or Lyft -- Beerman 03/25/2019 12:31PM
  Well, we won't need roads anymore! -- VaAkita 03/24/2019 8:46PM
  We’ll see ** -- CPRVHokie 03/24/2019 8:01PM
  How many miles did you put on it? ** -- No1Hokie 03/24/2019 5:39PM
  23k -- Baltimore Hokie 03/24/2019 5:41PM
  What was the car/range? -- No1Hokie 03/24/2019 5:54PM
  Chevy Spark EV, no longer made -- Baltimore Hokie 03/24/2019 7:51PM

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